Law and regulation

M&T Bank has agreed to pay $485,000 and change its lending policies to settle a lawsuit that accused the Buffalo, N.Y., company of racial discrimination in making mortgage loans.

A new battle is brewing between Fannie Mae and Freddie Mac as the government-sponsored enterprises set out to boost their purchases of low down payment loans.

As marketing services agreements increasingly fall out of favor, a more level playing field may emerge where loan officers must aggressively compete on their skill and service to win referral business.

The Federal Housing Administration has resolved a long-standing conflict with municipalities and private companies that back "green energy" loans that is expected to benefit banks and other mortgage lenders. The next question is whether the regulator of Fannie Mae and Freddie Mac mortgages will do the same.

There's nothing like a natural disaster to make people realize how important insurance is to the banking industry.

The only thing more ominous than a CFPB investigation is when the FDIC and OCC join in on the action.

The new supplemental performance metric should encourage lenders to serve lower credit score borrowers.

The Federal Housing Administration's Neighborhood Watch website is back online after crashing about three weeks ago.

Fannie Mae and Freddie Mac have a regulatory mandate to shrink. But that's easier said than done, given the GSEs' outsized presence in the mortgage industry, as their latest quarterly results show.

Four more Federal Home Loan Banks have won regulatory approval to participate in a program that allows member institutions to sell jumbo mortgage loans through a conduit to Redwood Trust.