Compliance & Regulation

We're hearing about the ability of a real estate broker to obtain a cash advance on an anticipated commission to be earned at closing.

A mortgage firm’s initial public offering can be filed with the Securities and Exchange Commission in secret.

California wants to kick-start the residential side of the state's Property Assessed Clean Energy program by setting up a $10 million reserve fund that would reimburse Fannie Mae and Freddie Mac for any losses incurred from PACE liens.

The convergence between regulatory calls for machine-readable forms and technological advances are increasing the amount of electronic doc management used in origination and servicing.

Eleven defendants, including five licensed loan originators, have been indicted for a mortgage fraud scheme that cost lenders $8 million.

The index of pending home sales fell 1.6%, after a revised 1.4% decrease in July that was bigger than initially reported.

Mortgage portfolios of the country's largest lenders showed more signs of improvement during the second quarter despite an uptick in early delinquencies.

Credit Suisse Group AG was sued in New York over $359 million worth of residential mortgage-backed securities by an entity that manages distressed debt.

As the last day of hearings on the $8.5 billion Countrywide settlement closed without a conclusion, analysts warned investors’ wait for payouts could be much longer.

Credit unions should see the “opportunity in the challenge” offered by the new mortgage rules from the Consumer Financial Protection Bureau.