Regulation and compliance
Regulation and compliance
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The Federal Deposit Insurance Corp. in May issued enforcement orders against eight banks and freed nine others from prior orders as part of a series of actions released Friday.
June 28 -
Lawsuits tied to the Truth in Lending Act are on the decline—but bankers would be wise to delay any celebration.
June 28 -
We're hearing the Corker-Warner GSE reform bill will really drive up the cost of plain-vanilla mortgages.
June 28 -
As much as it is a challenge, today subservicing is an opportunity many small-size servicers are rushing to embrace in a marketplace where the role of specialty servicer is being redefined.
June 28 -
Higher regulatory risks that are forcing many U.S. banks to sell their subprime mortgage servicing rights are throwing these assets into the lap of specialty servicing nonbanks.
June 28 -
The normal cyclical rise in interest rates is now emerging, said the chief economist at BNY Mellon, after being delayed by the financial crisis, recession and the Federal Reserves actions to hold down bond yields.
June 28 -
When Wolters Kluwer asked bankers recently which regulatory concerns keep them up at night, 46% said "regulatory reform"referring to new rules stemming from the Dodd-Frank Act and the Consumer Financial Protection Bureau.
June 28 -
The chief executive officer of Spurs Capital is quite passionate about the Home Affordable Modification Program.
June 27 -
As the new GSE regulator, Rep. Mel Watt would support the Federal Housing Finance Agencys initiative to create a single securitization platform.
June 27 -
Consumers in most major U.S. metropolitan areas continued to reduce their total debt in the first quarter of 2013.
June 27 -
New York will use up to $20 million in mortgage settlement funds to rebuild and restore neighborhoods that are still struggling with blight and large inventories of vacant properties.
June 27 -
Issuers are adding another layer of protection at a time when lawmakers are examining how to wind down Fannie Mae and Freddie Mac and bring private capital back into the mortgage market.
June 27 -
Educational efforts that focus on helping home seekers understand all of their housing options are not limited to the National Homeownership Month in June.
June 26 -
During 2008 and 2009, a contractor who worked on several HPD construction projects paid Adorno $100,000 to obtain additional work from the city agency.
June 26 -
The Consumer Financial Protection Bureau has advised banks and other financial companies how to respond to an investigation to minimize the risk of punishment.
June 26 -
New findings reiterate the need for expanded access to financial coaching services that result in greater overall economic stability for low- to moderate-income families and the country at large.
June 26 -
No one knows how many borrowers have ended up in foreclosure as a result of the continued use of dual tracking.
June 26 -
In this segment of a roundtable discussion from the 2013 Mortgage Bankers Associations National Fraud Issues Conference, the panelists explain how a closing agent is now doing a vendors job verifying the information that is submitted on a loan application.
June 26 -
Residential Capital will ask a judge today to approve a $2.1 billion deal with its parent Ally Financial Inc. before unveiling a report into the disputes they settled.
June 26





