Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets
Under new leadership, OCC settles actions against 2 executives tied to 2016 scandal for $150K and won't say if it will defend court challenge of $10M fine in a 3rd case
Federal regulators allege bank improperly denied thousands of mortgage loan modifications over at least 7 years, in some cases leading customers to lose their homes
Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems
Project REACh aims to address economic disparities that hinder wealth creation in underserved communities by supporting community banks
6 federal agencies issued minimum requirement rule yesterday
Regulators explain efforts to reduce burden on community banks
Data Facts solution allows lenders to monitor third-party vendors for federal reg compliance
State attorneys general continue with separate probe
Robo-signing settlement back on track
Reports: no consensus among Feds; lenders haven't seen a proposal
Report tracks foreclosures, loan mods
Lenders still foreclose on about 4 homes for every short sale