Regulation and compliance
Regulation and compliance
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An El Paso real estate investment trust, run by some of city's most successful business people, faces new allegations of fraud in a failed housing venture just as another lawsuit against the trust has been dismissed by a federal judge.
May 16 -
All post-closing reviews of new Federal Housing Administration-insured mortgages must now use the defect taxonomy, effective immediately.
May 16 -
The deposit insurer has stayed out of the debate over how to regulate the online lending industry. But that may be about to change.
May 15 -
To address an unintended consequence of the TILA-RESPA integrated disclosures, California regulators are making it easier for lenders to prove compliance with rules limiting interest charges on mortgage closings that take more than one day.
May 15 -
The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act.
May 15 -
The company also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial.
May 15 -
The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.
May 12 -
The Federal Reserve is asking Sterling to address deficiencies tied to its collection, verification and reporting of CRA data from 2014 to 2016.
May 12 -
FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.
May 11 -
The Property Assessed Clean Energy program entails a priority lien that critics dislike, but one lender ran the numbers and liked them enough to take out a PACE loan itself.
May 11 -
Brent Beardall, who recently took the helm at Washington Federal, discusses having excess capital, myriad potential fintech partners and why he would tweak — not repeal — Dodd-Frank.
May 11 -
The National Association of Realtors sent a letter to the Senate backing the temporary resumption of a tax break for homeowners with mortgage forgiveness.
May 11 -
The credit union allegedly denied a 2015 mortgage application from a married couple when the woman was on maternity leave, violating the Fair Housing Act.
May 10 -
Republican leaders acknowledged that they will not be able to use the Congressional Review Act to overturn the CFPB's prepaid card rule.
May 9 -
The days of vacant, distressed homes covered in sheets of plywood appear numbered, as Fannie Mae and Freddie Mac move toward greater adoption of polycarbonate "clear boarding" to secure foreclosure properties.
May 9 -
U.S. securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street's biggest residential landlords used overvalued property assessments.
May 9 -
Kentucky has a property problem and Henderson is no exception. Some property owners let their grass grow past 10 inches. Unsafe structures are not secured or boarded up. The list or problems goes on.
May 8 -
If proposed tax cuts were enacted, Fannie Mae and Freddie Mac would be required to make an initial adjustment that could wipe out their capital.
May 5 -
The Securities and Exchange Commission isn't planning to bring an enforcement action tied to Deutsche Bank's losing nearly $550 million on mortgage-bond trades.
May 5 -
The House Financial Services Committee approved the Financial Choice Act by 34 to 26. While it has enough support to clear the GOP-controlled House, it is unlikely to gain traction in the Senate.
May 4















