Law and regulation

CFPB Director Richard Cordray talks about what he sees as the agency's top accomplishments to date and its biggest challenges ahead.

Community bankers are scrambling to update their playbooks to comply with a litany of new mortgage rules.

As the members of our panel at the recent Florida Association of Mortgage Professionals annual convention in Orlando noted, while refinancing volume is down, the rise in rates moved consumers timing the market to enter and purchase a home.

The rebuilding strategy includes specific assistance guidelines for homeowners that will serve as a model for U.S. communities facing extreme weather devastation and post-disaster recovery challenges.

Navy Federal Credit Union has dropped its rates on jumbo 30-year fixed-rate mortgages to as low as 4.125% from a previous rate of 4.375%.

Among the new rules brought into the world by Dodd-Frank are a set of tighter restrictions around how loan officers are compensated.

Standard & Poor’s finds there could be negative implications for municipal housing bonds with Washington considering as part of tax reform the elimination or reduction of mortgage interest, property taxes and municipal bond interest.

The Consumer Financial Protection Bureau's qualified mortgage rules and the agency's intention to pursue disparate impact claims expose mortgage lenders to enormous regulatory and legal risk.

The 69-year-old home loan program run by the Department of Veterans Affairs is on track to have its best year ever.

We're hearing that the declining liquidity of Freddie Mac mortgage-backed securities is raising concerns in Washington and on Wall Street.

This qualified residential mortgage proposal will not require 20% downpayment loans for private-label securities issuers to escape risk retention—where they would have to retain 5% of credit risk.

New York housing advocates are calling for mandatory inclusionary zoning that requires developers to include affordable housing into new developments.

Knowing the Consumer Financial Protection Bureau’s roadmap can help companies avoid compliance deficiencies.

Fannie and Freddie have operated under government control since their operations were seized in 2008.

The co-conspirators apparently have fled to Mexico.

The Mortgage Grapevine is discussing the news that the Obama administration exaggerated its mortgage fraud statistics.

We're hearing about payday lenders running into trouble with the FTC and New York State for alleged violations of federal and state laws.

A new version of a rule requiring lenders to keep a stake in risky mortgages that they securitize will be proposed by U.S. regulators in the last week of August.