Compliance & Regulation

Mortgage fraud risk declined in the third quarter even as property valuation fraud risk increased, according to Interthinx.

When charging fees to borrowers with weaker credit histories, lenders should take great care to describe everything correctly and ensure such fees are not excessive.

It's a mortgage on top of a mortgage, and at least one lender is making these loans again through brokers.

As the New Jersey Supreme Court considers whether to intervene in the Christie administration's regulation of affordable housing, the case has brought into focus a debate over the need for such housing among low- and moderate-income residents.

Ocwen Financial Corp., which agreed with regulators in December to improve its mortgage servicing, sent Nathan Fitzgerald a notice saying his loan was in default. If he didn't send a $2,266 check immediately, Ocwen said, it would foreclose on him.

Protests by community groups and now a public hearing threaten to delay the completion of CIT's acquisition of OneWest Bank. The deal will probably get approved, and it might not get delayed too long, but all those "probablys" and "mights" are what make the proponents of more big M&A queasy.

The relationship a loan officer took several months to cultivate can be destroyed by your servicing area in just 10 minutes, affecting potential referrals or future business. Here are a few ways you can avoid that.

Concentrate on only four or five of these items that you think are important to your attendees and your area of the country. f these suggestions to give your

Two Justice Department lawyers leading an effort to hold financial firms accountable for the mortgage-fed debacle that fueled the Great Recession stopped in to talk strategy in mid-2009 with Jerry Brown, then California's attorney general.

New disclosure rules from the Consumer Financial Protection Bureau don't go into effect until this summer, but lenders are already worried about compliance and fearing it may make the closing process far more difficult.