Regulation and compliance
Regulation and compliance
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A Methuen, Mass., woman was forced to sell her home recently after she fell victim to an apparent scam targeting homeowners who are struggling with their mortgages.
July 10 -
National Credit Union Administration Chairman J. Mark McWatters said dropping Consumer Financial Protection Bureau oversight of credit unions would free up CFPB resources.
July 6 -
Federal Reserve Board Gov. Jerome Powell stopped short of endorsing any single housing finance reform plan, but called on lawmakers to resolve what he described as the biggest unfinished business of the crisis.
July 6 -
The renewed debate on reforming Fannie Mae and Freddie Mac is focused on how small and midsize banks would be affected.
July 5 -
The Trump administration's Justice Department was expected to be less aggressive in its pursuit of False Claims Act cases against the mortgage industry. Instead, its focus has shifted to Federal Housing Administration-insured reverse mortgages.
July 3 -
Morgan Stanley received credit for $30 million of consumer relief, completing 85% of the obligations required by its February 2016 settlement with New York State.
July 3 -
From the largest banks to the smallest independents, policymakers want to hear the mortgage industry speak with one voice in the critical efforts to reform the government-sponsored enterprises.
June 29 -
Both parties appear interested in a deal on housing finance reform, but tough fights are ahead.
June 29 -
The Main Street GSE Reform Coalition offered three principles: creating a capital buffer for Fannie and Freddie, continuing with reforms by their regulator and ending the conservatorship that began in 2008.
June 28 -
The Senate is set to begin teeing up housing finance reform discussions at a Banking Committee hearing on Thursday, but many are skeptical that Congress will be able to succeed where it has failed in the past.
June 27 -
A key question for the future of housing finance is whether large and small lenders will both be able to compete, or will a new system favor Wall Street giants?
June 27 -
Financial firms say the database is unreliable and would like to see it removed from public view. But the industry would also lose access to competitive insights that can be gleaned from the massive trove of consumer complaints.
June 26 -
Affordable housing shortages and declining loan volumes are making it difficult for banks to originate enough mortgages to meet their Community Reinvestment Act obligations, which could make filling shortfalls with loans from nonbanks more expensive.
June 26 -
The U.S. Supreme Court dealt a blow to property-rights advocates, ruling against four siblings who said they were unconstitutionally barred from building on a Wisconsin riverfront lot.
June 23 -
Federal regulators supported several changes the banking industry has been seeking in an appearance before the Senate Banking Committee on Thursday, acknowledging the need to limit the Volcker Rule and better define systemically important banks.
June 22 -
City commissioners approved a deal Wednesday aimed at turning around two beachside rental homes that have churned out lawlessness and code violations, but the neighbors who have begged for help are worried the trouble isn't going to stop.
June 22 -
Housing finance reform discussions are heating up and there's a growing sense that legislation can be enacted sooner rather than later. Here's why.
June 21 -
The Financial Choice Act contains many positive reforms for community banks, but a provision affording benefits for holding loans on balance sheet poses risk for small lenders.
June 21 -
A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market.
June 21 -
From the Trump administration's initial efforts at reg relief and GSE reform to dramatic shifts in the servicing landscape, here's a look back at the top stories shaping the mortgage industry during the first half of 2017.
June 19















