Law and regulation

A lender must be able to document why and how a loan officer’s ultimate total compensation was calculated.

Teresa and Giuseppe “Joe” Giudice are accused of conspiring to defraud lenders and of hiding assets during a bankruptcy proceeding.

A Connecticut company struggling to escape extra regulatory scrutiny has taken a big step along the road to recovery.

We're hearing from the NAR who recently wrote to the assistant secretary of housing about the FHA certification and recertification process for condos.

The company is under investigation for practices tied to sales of mortgage-backed bonds that the Justice Department has already concluded broke civil laws.

MetLife said it may face fines amid a government review of foreclosures at its bank unit.

Fannie Mae and Freddie Mac, which policymakers are trying to unwind, have operated with explicit affordable housing goals for more than 20 years.

Freddie purchased $50.3 billion in participation certificates during the first six months of 2013, compared to $15.6 billion in the same period in 2012.

The loan reviews will make sure lenders adhere to FHA origination practices and ensure the Federal Housing Administration is compensated for “defects in the lender manufacturing process.”

As opinionated as ever, the Mortgage Grapevine has several posters giving their opinions of the president’s remarks.

Passport Capital sold its entire portfolio of mortgage debt backed by the U.S. government in the second quarter.

More than four years after the federal government took control of Fannie Mae and Freddie Mac, lawmakers are finally making progress on housing finance reform.

President Obama ended his administration's self-imposed blackout regarding housing finance reform on Tuesday, finally endorsing a specific approach after effectively punting on the issue more than two years ago.

It sounds like people are optimistic about Freddie Mac’s recent risk-sharing transaction even though they have some questions about them.

Grapevine poster MTB has started a thread commenting on the latest malaprop from Vice President Joe Biden regarding the word “jobs” and the number of letters used to spell it.

Richmond, Calif.’s plan to keep homeowners out of foreclosure by seizing underwater mortgages through eminent domain is unlikely to be successfully implemented, according to Moody’s Investors Service.

While the Obama administration has publicly kept its distance from the housing finance reform debate during the past two years, it has been privately working in recent months to help move a bill forward.

Ethics concerns raised by House lawmakers about Raj Date, the former No. 2 at the Consumer Financial Protection Bureau who left to form his own firm, appear overblown.

The Obama administration will be calling on Congress to pass legislation that will allow Fannie Mae and Freddie Mac to refinance underwater loans in private label securities.

Federal Reserve Bank of Dallas president Richard Fisher said the central bank is closer to slowing $85 billion in monthly bond buying and warned investors not to rely on that stimulus.