Compliance & Regulation

The frontman for the band Lights Over Paris used the money for his musical project and lavish lifestyle.

Big banks are notorious for “hire and fire” tactics whenever there’s a hiccup in mortgage originations. Middle-market lenders can take advantage of this by pouncing on highly qualified staff they could not afford when the large banks were hiring.

Requiring 30% downpayments will push more borrowers into FHA loans.

Banks are scaling back from the almost $10 trillion market for MSRs amid looming Basel III regulations.

An important starting place is to understand how an affiliate is defined under the QM laws.

The charges accuse the firm and its three principals of forming a network of shell companies to profit from kickbacks through real estate settlement referrals.

Old Republic is the only one of the big four to see its profit increase as its mortgage insurance business contributes.

DeMarco wants to reduce Fannie and Freddie loan limits to make room for private capital in the mortgage market.

Contrary to popular belief there still are plenty of profitable single-family property investment opportunities in many U.S. markets.

Speculation that the Federal Reserve will maintain the status quo for its mortgage-backed securities and Treasury bond purchases put downward pressure on rates.