Compliance | Page 4 | National Mortgage Professional Magazine
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The Office of the Comptroller of the Currency (OCC) has levied a $25 million civil money penalty against Citibank N.A., charging the lender with violating the Fair Housing Act
Middletown, Conn.-based Liberty Bank has settled charges of discrimination in mortgage lending by...Read more
U.S. Department of Housing & Urban Development (HUD) Secretary Ben Carson stated he would "likely" leave his position in the Trump Administration at the end of the President’s first term
U.S. Department of Housing & Urban Development (HUD) Secretary Ben Carson stated he would "...Read more
The Federal Housing Finance Agency (FHFA) issued a final rule that requires Fannie Mae and Freddie Mac to align their respective programs, policies and practices that affect the cash flows of To-Be-Announced (TBA)-eligible mortgage-backed securities (MBS)
The Federal Housing Finance Agency (FHFA) issued a final rule that requires Fannie Mae and Freddie...Read more
The Senate Banking Committee voted 13-12 along party lines to approve President Trump’s nomination of Mark Calabria to become the next director of the Federal Housing Finance Agency (FHFA)
The Senate Banking Committee voted 13-12 along party lines to approve President Trump’s nomination...Read more
Maxine Waters
Rep. Maxine Waters (D-CA), the chairwoman of the House Financial Services Committee, has invited...Read more
Sen. Elizabeth Warren (D-MA) has admitted that her attempt to win the 2020 Democratic Party nomination for president is “falling short” when it comes to fundraising
Sen. Elizabeth Warren (D-MA) has admitted that her attempt to win the 2020 Democratic Party...Read more
The National Associaiton of Mortgage Brokers (NAMB) is calling on its membership and consumer to seek a change in federal law related to practice of trigger list sales by credit bureaus
NAMB—The Association of Mortgage Professionals has called on Federal Housing Administration (FHA)...Read more
The Federal Housing Finance Agency Office of the Inspector General (FHFA OIG) has issued a report stating that former Director Mel Watt misused his position to force a romantic relationship on a female colleague
The Federal Housing Finance Agency Office of the Inspector General (FHFA OIG) has issued a report...Read more
The U.S. Senate voted 54 to 45 to confirm William Barr as the next Attorney General, filling the void left by the firing of Jeff Sessions in December
The U.S. Senate voted 54 to 45 to confirm William Barr as the next Attorney General, filling the...Read more
One year after emerging from bankruptcy, Ditech Holding Corp. and its subsidiaries including Ditech Financial LLC and Reverse Mortgage Solutions Inc. has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code
One year after emerging from bankruptcy, Ditech Holding Corp. and its subsidiaries including Ditech...Read more