Compliance & Regulation

There are valid circumstances where referrals could be permitted but generally this practice should be prohibited.

The percentage of minorities getting mortgages has stayed flat the last couple of years. With credit as tight as it has been, that may not be so bad a showing.

RHS is slowly re-opening its single-family loan program that was closed during the government shutdown.

Investors' appetite for home loan guarantors is climbing as the U.S. property market rebounds at the fastest pace in seven years and the government retreats from backing mortgages.

Home Loan Servicing Solutions attributes a nearly 50% increase in the unpaid principal balance of its mortgage loan portfolio to completing the acquisition of Ocwen assets on July 1.

Mortgage Master and Washington Federal each had data errors in their 2011 reports.

TDB is adding staff at a time when competitors are reducing their size.

Industry concerns about the proposed QM definition are now being bolstered by empirical evidence that confirms what many in the industry have suspected all along.

In finalizing the qualified mortgage rule, the CFPB carved out a special exemption for loans originated for state housing finance agencies.

The Atlanta-based company plans to cut 800 positions nationwide in response to diminished mortgage refinancing activity and overall market conditions.