Regulation and compliance
Regulation and compliance
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The Consumer Financial Protection Bureau said Friday that Anthony Alexis, its enforcement chief, plans to leave the agency after more than five and a half years.
October 13 -
Ocwen Financial Corp. is settling allegations by Alabama and Minnesota that it engaged in improper mortgage activities, bringing the total of states it has settled with to 17.
October 13 -
The obvious impact of the Trump administration's moves to undermine the Affordable Care Act will be on consumers in nongroup insurance, but they also carry consequences for all lenders.
October 13 -
Wells Fargo took a surprise $1 billion charge in the third quarter for previously disclosed pre-crisis, mortgage-related regulatory investigations. It contributed to a 19% fall in profits.
October 13 -
Hundreds of federally subsidized housing residents in Pittsburgh's East End are being forced from their homes because of squalid conditions.
October 12 -
A group backed by billionaire industrialists Charles and David Koch unveiled a television and digital campaign that argues "corporate welfare" threatens Republican efforts to dramatically alter the U.S. tax code.
October 11 -
TILA-RESPA integrated disclosure rule amendments are in effect and the Consumer Financial Protection Bureau is beginning to digest comments on an outstanding "black hole" mortgage companies want more clarification on.
October 11 -
The Tupelo, Miss., company has recouped its “satisfactory” community reinvestment rating, removing a regulatory obstacle to two pending acquisitions.
October 11 -
The Consumer Financial Protection Bureau was created in part to ensure that nonbanks are subject to federal oversight, but the fact is that 99% of banks are exempt from CFPB supervision.
October 11 -
A lawyer has been convicted on federal fraud charges for scheming to provide falsified documents to prevent foreclosure on a nearly $2 million parcel of land in Aurora, Ill.
October 11 -
Although property tax loans raise concerns for the mortgage industry, there is a way for property tax lenders and mortgage companies to co-exist.
October 6 -
The Treasury Department is expanding its calls for overhauling regulation of the financial services sector, this time focusing on changes to the most significant rules surrounding securitization and derivatives.
October 6 -
A Hazleton, Pa., real estate agent who admitted bilking home buyers out of hundreds of thousands of dollars through bogus property sales was sentenced to serve more than four years in federal prison.
October 6 -
Lenders could be responsible for water quality issues affecting borrowers and properties if the Federal Housing Administration follows through with its response to an inspector general's report.
October 6 -
The president and founder of a now-defunct East Falmouth, Mass., mortgage company pleaded guilty to charges that he defrauded the federal government out of about $2.5 million.
October 6 -
A bankruptcy judge who spent 107 pages excoriating Bank of America Corp. over its "heartless" foreclosure on a California couple is not happy that the homeowners want him to erase his words.
October 4 -
Arlando Jacobs and Clarence Roland stole homes across Texas and two other states with the scribble of a pen, the FBI says.
October 4 -
Ocwen Financial Corp. received more breathing room on the legal front as the Securities and Exchange Commission is not pursuing an enforcement action against the company regarding its debt collection practices.
October 4 -
Title insurance underwriter FNF Group broadened its offerings to real estate brokers through the purchase of a majority interest in SkySlope, which operates a digital real estate transaction management platform.
October 3 -
Richard Smith came to Capitol Hill this week to speak about the massive breach at Equifax, but it was clear Tuesday that he will be defending the entire credit reporting industry.
October 3












