Regulation and compliance
Regulation and compliance
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Rising rates could slow the runoff from refinancings and add stickier purchase loans to servicers' portfolios. That's the good news.
December 21 -
President Obama is expected to sign a bill passed by both the House and Senate that grants extensions on a number of tax benefits enjoyed by individuals and corporations, including a number of temporary provisions that the real estate industry sought.
December 18 -
Multifamily properties are getting pricy and new construction is putting upward pressure on vacancy rates, worrying banking regulators.
December 18 -
Sen. Bob Corker championed a provision he added to the budget bill that would temporarily prevent the Treasury Department from recapitalizing Fannie Mae and Freddie Mac and discussed other banking priorities in a sitdown interview.
December 18 -
All servicers that are part of the national mortgage settlement except Ocwen Financial passed metrics testing in the first half of the year, according to the settlement's monitor.
December 17 -
The Federal Open Markets Committee Wednesday voted to raise federal interest rates from nearly zero for the first time since 2008, meeting market expectations but ushering in a new and uncertain normal for the mortgage industry.
December 16 -
Affordable apartments have not been this hard to find in decades, and a new Mortgage Bankers Association study suggests there are ways existing public-private partnerships could do more to address the concern.
December 16 -
The agency released a plan Tuesday that would provide incentives for owners of manufactured housing communities to reform their practices if they want to tap financing by Fannie Mae and Freddie Mac.
December 15 -
The new mortgage disclosures are not expected to have a large impact on origination volume, but could have a sizable effect on lenders' processes.
December 15 -
As the mortgage industry heads into the New Year, National Mortgage News is taking a look at the biggest trends and topics that will shape 2016.
December 14 -
The answer to lower costs, higher efficiency, and better record keeping for compliance lies in eSignature, e-documents, and e-mortgages, the foundation for which has legally been in place for 15 years now.
December 14 -
Ellie Mae has released an updated version of its mortgage management software, with updates on compliance and overnight rate protection for secondary marketing.
December 14 -
Mortgage lenders and servicers weary from a raft of regulatory changes in recent years may see some respite in 2016, but still face some tough issues ahead. Here's the most pressing.
December 14 -
WASHINGTON Fannie Mae and Freddie Mac would be able to evaluate and use new credit scoring models under a bill introduced in the House that seeks to create more competition in the credit scoring industry.
December 11 -
The Morgan Stanley settlement follows a similar agreement with Barclays Capital in October that resulted in a recovery of $325 million.
December 11 -
The House Financial Services Committee approved a bill Tuesday that would direct the Federal Housing Administration to relax restrictions on its condominium loan program.
December 9 -
Calvin Hagins, the Consumer Financial Protection Bureau's deputy assistant director for originations, warned mortgage lenders this week about four contentious areas that its examiners will zero in on next year.
December 9 -
Indications of fraud ebbed when refinancing was more prevalent, but now that home purchases are picking up, misrepresentations could increase, too.
December 8 -
A former Jefferies & Co. managing director accused of lying to customers about bond prices had his fraud conviction overturned in the latest blow to the governments effort to hold individuals accountable for alleged wrongdoing on Wall Street.
December 8 -
Two independent mortgage banks agreed to settlements in the past week with the Justice Department for failing to meet Federal Housing Administration guidelines. The cases are a warning to nonbank lenders that they need to beef up self-reporting of deficiencies, and they remind large banks about the legal risks associated with FHA lending.
December 7











