Managing credit unions in a rising interest-rate environment along with the pressure to write more consumer loans to offset falling mortgage lending will be key challenges to the credit union community this year, say top industry economists.

Taylor Bean & Whitaker Mortgage Corp. and Home America Mortgage resolved allegations that they falsified loan applications and misrepresented qualifications of applicants to secure federally funded insurance for home loans that ultimately defaulted.

Industry groups back bill that requires FEMA to conduct affordability study.

Thomas H. Lee Partners owns 35% of each of Black Knight’s operating units.

Recent Consumer Financial Protection Bureau actions suggest the agency is poised to utilize the ambiguous Unfair Deceptive Acts and Practices standards to the fullest extent.

Lawyers for the Federal Home Loan Bank of Pittsburgh said in Pennsylvania state court that they had reached an agreement, without disclosing terms of the deal.

The financial crisis brought with it an onset of unprecedented problems that now serve as the teaching lesson of our strict regulatory environment.

Office property delinquencies fell by over $1 billion, retail dropped by $7 million, multifamily declined by $256 million, industrial fell by $109 million, and lodging dropped by $13 million.

Federal Housing Finance Agency claims against 12 companies, including Goldman Sachs Group and Bank of America, are still in litigation.

New data indicate a lot of mortgage market share “could be slipping out of the fingers” of lenders who have been sluggish in digitizing their operations.

Insiders find Federal Reserve changes to its so-called quantitative easing policies in 2014 are not enough to ease housing market uncertainty.

So far, the big mortgage servicers have received stellar report cards for their compliance with the $25 billion national settlement. That could change this year as testing gets tougher—potentially costing these companies further embarrassment and penalties.

One of the nation’s largest wholesale mortgage lenders is telling its brokers they can no longer negotiate the amount of their fee with borrowers.

Massachusetts Attorney General Martha Coakley continues investigating residential mortgage securitization practices within the state and reached a new deal to compensate investors with the Pension Reserves Investment Management Board.

The past week’s data suggest a stronger economic recovery. This is in line with the Federal Reserve’s 2014 plan to gradually end rate-lowering stimulus that has bolstered the country’s finances.

Brokers are wary the current regulatory regime will keep underwriting standards tight.

The American Bankers Association has backed off its request for a ruling prior to yearend.

The mortgage market will undergo radical change on Jan. 10, when virtually every aspect of home financing will be commandeered by the Consumer Financial Protection Bureau.

Securitization will be the new source of funds for originators whose volume is affected by the Federal Housing Finance Agency cap.

Including the Wells settlement, Fannie has collected nearly $14 billion from eight large mortgage lenders since the start of 2013.