Compliance & Regulation

Loan officers still rule the roost at most mortgage origination shops, but processors may finally be starting to get their due.

Constraints on GSE loan volume and an overall dearth of liquidity were among the biggest issues at hand during the Mortgage Bankers Association's Secondary Market Conference in New York. Here's a recap of the event.

A Florida court on Friday sided with the Consumer Financial Protection Bureau and the state over claims that a law firm charged illegal fees to consumers seeking foreclosure relief.

Provident Funding Associates, a private mortgage lender, has agreed to pay $9 million to settle allegations its brokers charged minorities higher fees and interest rates, federal regulators said Thursday.

A Virginia short sale specialist was convicted Wednesday by a federal jury on charges including mortgage and tax fraud.

New servicing standards issued by the government-sponsored enterprises are unlikely to pose a hurdle for the biggest nonbank players in the market, but small servicers could find it more challenging.

JPMorgan Chase's $500 million settlement with pension funds over Bear Stearns' sale of mortgage-backed securities was approved by a federal judge.

The lesbian, gay, bisexual and transgender community overwhelmingly views homeownership as a strong investment, although worries of housing discrimination persist, according to a new study.

Technology that takes into account the sales, cost and income approaches to property valuations is a more comprehensive method of risk assessment and can help detect pricing bubbles before they wreak havoc on the mortgage and real estate industries.

Royal Bank of Scotland Group, Britain's largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities.