Compliance & Regulation

Now that many experts are heralding the end of the foreclosure crisis, we are seeing fewer headlines about the shadow inventory that servicers are holding in their portfolios.

The Consumer Financial Protection Bureau's new notification requirements for property valuations have rekindled old debates over appraisal alternatives and are expected to add costs alongside yet another layer of mortgage litigation risk.

Serling will be charged with providing Situs with business development opportunities relating to commercial mortgage-backed securities bond investors.

Regulatory intervention throws a monkey wrench into a mortgage servicer's growth plans—and calls into question whether there are enough nonbanks to absorb all the servicing banks want to sell.

Lenders should consider carefully the potential for originators to steer borrowers from closed-end products into open-ended loans.

Banks are looking at a regulatory plan to dramatically expand the data collected on mortgages as a potential ally in their battle to ease separate rules that they say will curb access to credit.

A former head of commercial real estate at Wilmington Trust Corp. was charged with bank fraud, bribery and money laundering, the Office of the Special Inspector General for the Troubled Asset Relief Program said.

The bureau wants to expand data collection to detect troublesome trends and effectiveness of QM rule.

Freddie Mac plans this year to start regularly issuing the credit-linked notes it began using as a form of risk-sharing last year.

Hendrix Montecastro and his mother were both convicted in a $142 million scheme.