Compliance & Regulation

Ocwen has a reputation for writing down principal of nonperforming mortgages faster than many bank servicers or its nonbank servicing peers.

There are certain compliance requirements/items that a lender should have done already (or should do immediately) given the January deadline for regulatory change that is almost upon the industry.

The commercial mortgage banker will use the loan proceeds to pay off an $83 million facility from Bank of America.

The question triggers a whole array of responses. But after a five-year onslaught of new rules and enforcement, some see a brighter regulatory future for banks.

The agency already has hired 1,500 people, a number of which are enforcement attorneys.

The nonprofit gave away $1 million in grants in 2013 through its Dream Makers program.

Higher-margin products like policies for home purchases and commercial properties will take the sting out of doing fewer refinancings.

Many new issues are experiencing 10%-20% growth above their initial offering size, according to Fitch.

The deal brings in slightly more than the expected recovery from the bankruptcy estate.

Incoming FHFA director Mel Watt’s postponement of a g-fee increase may mean he is likely to favor expansion of credit over shrinking the GSEs.