Compliance & Regulation

The Community Home Lenders Association is concerned the high fees will be more of a drag on home purchase volume as interest rates rise.

Appraisal management company and property asset manager LRES restructured its REO department by assigning separate teams of employees to distinct tasks across the property disposition lifecycle.

Prospect Mortgage entered a $3.1 million settlement with California regulators for overcharging mortgage borrowers per diem interest over a seven-year period.

Thousands of lenders post oceans of data each year to meet Home Mortgage Disclosure Act obligations. There may be more reporting requirements coming. Will the value of the new transparency outweigh the added compliance burden to lenders?

A jury found a particular loan officer was exempt from minimum wage/overtime requirements because her work involved "outside sales," but the case's decision fails to broadly apply to all LOs.

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The mortgage tech vendor is trying to maintain profits by signing and upgrading customers. The headwinds it faces reflect broader industrywide challenges: lower origination volume and new compliance requirements.

A Tampa homeowner is suing Bank of America and U.S. Bancorp, claiming that the banks delayed processing his mortgage payments in order to earn extra interest for themselves.

The mortgage industry has always been an adrenaline junkie, getting its thrills by riding the highest roller coaster it can find and hoping the landing will be soft this time. What if you could smooth out the highs and the lows?

New York State approved an agreement between bond insurer MBIA and Nomura Holdings that ended claims related to mortgage-backed securities.