Industry panelists from a number of companies came together in the lab to talk about regulation, non-depository lending, mortgage servicing rights, and REO to loan products in the three and a half hour lab.

Fannie Mae's Economic and Strategic Research (ESR) Group found that consumer spending and other solid domestic fundamentals are predicted to be key drivers of the rest of the year economic growth.

One of the key rating drivers was Ocwen’s commitment to alleviate governance and operational control weaknesses within the company, which include changes to its “three lines of defense” approach to risk management, expansion of regulatory compliance and compliance testing departments.

During the housing crash, big investors stocked up on thousands of foreclosed properties for single-family rentals with intentions of selling them when home prices recovered. But they didn’t.

As Fannie Mae and Freddie Mac celebrate their seven-year anniversary of conservatorship, new legislation is being drafted in the U.S. House of Representatives that will allow them to establish more capital and prevent another taxpayer-sponsored bailout.

Earnings for the U.S. banking industry totaled a record 43 billion dollars during Q2 2015, a 7 percent year-over-year increase. Regional and community banks reported significantly higher earnings than larger banks during Q2, which is consistent with past periods.

The index found that 63 percent of respondents indicated that now is a good time to buy a home, up 2 percentage points from last month, while 47 percent said that now is good time to sell a home and 44 percent say it's a bad time.

Just a couple of months before the TRID rule goes into effect, 64 percent of mortgage bankers said they feel knowledgeable of the rule and have the right tools to adjust to the changes. Only 27 percent indicated that they were somewhat ready, while only 9 percent stated that they do not have the tools or knowledge to adapt to the new rules.

In addition its lawsuit against JPMorgan, the city of Los Angeles is also pursuing lawsuit for nearly identical discriminatory issues with Bank of America Corp., Wells Fargo & Co, and Citigroup, Inc.

Recent analysis found that 17 percent of loans currently fail for Truth in Lending Act (TILA) reasons and another 6 percent of the loans failed for being outside of the Real Estate Settlement Procedures Act (RESPA) tolerances.