Compliance & Regulation

The new LoanLogics’ team is led by three experienced compliance officers whose current focus is to provide regulatory compliance and loan quality assessment services that help lenders minimize costly mortgage loan buybacks.

When addressing the QM rule, lenders face a key strategic consideration—whether to only make loans that meet the definition of a qualified mortgage or to also make loans falling outside the rule.

To satisfy the Federal Reserve Board , M&T needs to improve its risk-management program and establish processes for identifying and reporting suspicious transactions.

At least two bank-owned commercial loans were recently sold at a significant premium indicating recent price gains will help banks cut more losses in the near future.

Increased national and international regulatory burdens are challenging mortgage firms to build efficient compliance risk mitigation strategies and test their business models against cyber-crime. A few themes are emerging.

Exposure at FHA would be far higher than at Fannie Mae or Freddie Mac, a new study finds.

Over the last year to 18 months, some people have been of the opinion that REO-to-rental signifies a trade, not necessarily a long term business model.

Process improvements must be identified to help alleviate future problems tied to disruptions in the government. One achievable solution ripe for consideration would be to modernize the 4506-T order transmission and tax transcript delivery capabilities at the IRS.

Banks that stick to ability to repay underwriting won’t be penalized in CRA evaluations.

The forms’ integration will be an expensive and daunting task to initially implement, but the hope is that standardization of the forms across the entire industry will normalize the process.