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With fraud becoming a major concern in the mortgage industry because of changes in guidelines and regulations over the past year, ISGN Corp. has partnered with Interthinx to add the FraudGuard and PredProtect Compliance Suite to its MORvision loan origination system Plug-In Partner Network.
February 7 -
With millions of people having their identity stolen every year, Regions Financial Corp. has developed a new product to help its customers guard against identity theft.Regions IdentityProtect is part of the Regions Financial Corp.’s suite of protection services, providing three services including protection, detection and resolution of identity theft.
February 7 -
The White House plan to revamp Fannie Mae and Freddie Mac will mandate that the two charge higher guarantee fees over the next few years, and also will allow the GSE loan cap to fall back to $625,500 by the fall, according to Washington sources.
February 4 -
The Federal Deposit Insurance Corp. Friday named Michael Krimminger, a close aide to Chairman Sheila Bair, as the agency's new general counsel.
February 4 -
Despite the attempt in the Dodd-Frank Act to preserve thrift institutions, a recent report on the elimination of the Office of Thrift Supervision is bolstering the view that the charter will exist in name only.
February 4 -
As the Treasury’s fourth-quarter 2010 report on the legacy PPIP program last week showed, private-label residential MBS have proven to be a vehicle in some circumstances for generating returns, so it might be worth keeping a cautious eye on the sector and regulatory developments like new rules for due diligence providers that could affect it.
February 3 -
The Federal Housing Finance Agency is creating specialized risk teams to participate in the examinations of Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks as part of a major overhaul of the entire agency.
February 3 -
The former president of the Florida A&M University Federal Credit Union, and a University policy institute director were sentenced to more than two years in federal prison last week and ordered to repay $134,000 in Housing and Urban Development grant money they were found guilty of stealing.
February 2 -
WASHINGTON — If only the administration's task in fixing housing finance was as easy as choosing plan A or plan B.Instead, part of the Treasury Department's challenge is just sifting through all the ideas. The public has seen a broad array of ideas from stakeholders, all with different visions of the world after the Fannie Mae and Freddie Mac conservatorships
February 2 -
Bowing to pressure from consumer and industry groups, the Federal Reserve said it would halt further Truth in Lending Act rulemaking on three proposed rules related to residential mortgages.
February 2
