Compliance & Regulation

A company's evolution from startup to established business requires executives to have a wide array of leadership skills, particularly given the intricate compliance requirements that can complicate the growth trajectory of many mortgage firms.

Goldman Sachs is preparing to bring its first post-crisis prime jumbo residential mortgage-backed securities transaction to market.

Having fought many battles with Congress over curbs to bond and other programs that affect affordable housing, John Murphy expects the challenges will continue as he retires from the National Association of Local Housing Finance Agencies after 30 years as its executive director.

A final judgment against Bank of America in a mortgage-bond lawsuit by the Securities and Exchange Commission was signed by a federal judge, helping clear the way for the lender to complete a $16.7 billion global settlement of claims it misled investors about risk.

Banks could originate 300,000 more home loans per quarter and face only a slightly higher risk of default, according to a new report. But lenders are unlikely to loosen lending standards until they are sure that Fannie, Freddie and the FHA have eased up on buyback requests.

A Redwood Trust subsidiary priced a $200 million aggregate principal amount of its 5.625% exchangeable senior notes due 2019 in a private offering to institutional buyers.

More property owners are jumping on a drop in financing costs and loosening terms to pay off their mortgages.

According to Home Mortgage Disclosure and Mortgage Bankers Association data, independent, nonbank mortgage lenders originated 40% of the home purchase loans made in 2013.

Part two of this three-part series covers what the Consumer Financial Protection Bureau wants to see from originators if they close loans in their own name.