Compliance & Regulation

Urban Institute researchers urge the agency to review its impact in 30 census tracks.

Standard & Poor’s expects $5 billion of mortgage servicer advance securitizations this year, down from 2013’s $6.5 billion.

This figure is down 26% from the previous year and represents the lowest annual total since 2007.

The lender disguised kickbacks as lease payments to the referring bank.

Also some advice on complying with the ability-to-repay requirement.

SIFMA members are also concerned about risk retention and GSE reform, according to the group’s EVP.

The changes will aid Flagstar in aligning its infrastructure with the current business environment, specifically the status of the mortgage origination market.

Some of the nation’s largest servicers have signed up with Hope LoanPort to facilitate the collection of pre-populated IRS 4506-T forms, which contain homeowner information crucial to a workout.

Craig Schrank, a producing manager at Willow Bend Mortgage, believes that is what makes the advantage in an otherwise level playing field.

The AG’s complaint says the defendants identified abandoned residential properties in which they filed for adverse possession of the housing units in court to obtain title.