Daily Dose

As lenders gear up to attract new loan officers (LO), many have them are requesting unique or complex compensation plans. The real challenge lenders face is adapting their compensation plans to these requests, while complying with Consumer Financial Protection Bureau (CFPB) standards.

In an effort to help community banks and thrifts with their examination timelines, the Federal Deposit Insurance Corp., (FDIC) has approved an interim final rule to allow more established small institutions to qualify for the the 18-month exam cycle.

Home prices in the U.S. housing market has seen some major gains over the last few years, but you will be surprised to know that much of this growth is stemming from homes that are priced 75 percent or less of the median home price.

Bank of New York Mellon's residential mortgage-backed securities legal issues and BankUnited's recent departure from retail mortgage originations appeared to have little to no effect on these companies' incomes in the fourth quarter of 2015. Read on to see what is driving these institution's profits way up in the fourth quarter.

The U.S. Securities and Exchange Commission (SEC) has approved a settlement with Ocwen Financial Corp. for $2 million to resolve claims that the mortgage servicer misstated its financial results, according to an announcement from the SEC.

In the last month of 2015, applications for new home purchases took a chill pill and decreased month-over-month. Could this be what economists meant by slow growth headed into 2016?

The firm's recent multi-billion dollar settlement to resolve claims of mortgage-backed securities fraud put a huge dent in their profits for the fourth quarter.

Homes sales finished 2015 in convincing fashion, following two straight months of sluggish sales. Read on to see which cities experienced the largest gains in 2015.

Residential construction was tricky in December 2015 as both housing starts and building permits posted disappointing numbers, but builder confidence remains elevated and year-end totals hit 2007 levels.

Concern over what will happen now that the Fed has raised the interest rate for the first time in a decade‒‒and with further increases on the way‒‒is surprisingly minimal. Read on to see which group of Americans are not particularity worried about future rate hikes.