Compliance & Regulation

Home equity loans are one type of loan product expected to pick up as refinances dwindle, according to an ISGN executive.

Moody's Investors Service has corrected and upgraded the ratings of three vintage securities backed by subprime mortgage loans that were issued by Novastar Mortgage Funding Trust from 2003 and 2004.

A property manager and a straw purchaser admitted to participating in a multimillion-dollar scheme that defrauded financial institutions by using phony documents and straw buyers to make illegal profits.

The top leaders of the Senate Banking Committee said they intend to reach a bipartisan agreement by yearend on a bill to revamp the mortgage finance system despite fears that the issue is losing momentum.

Mounting regulations—and legislation still to unfold—continue to cause an extraordinary amount of concern for servicers.

The industry is largely ready for new rules affecting procedures for force-placed insurance on residential properties, but not everyone is.

The Consumer Financial Protection Bureau is coming under pressure to reconsider its position regarding a provision in the qualified mortgage rule that penalizes title companies that are affiliated with lenders.

Gerry Zobrist was sentenced to 87 months in prison for his involvement in a mortgage fraud scheme that caused more than $30 million in losses to lenders.

For the most part what we are hearing is aggravation for title underwriters relating to their title agents.

Grant Mitchell, the former assistant general counsel at the Department of Housing and Urban Development known throughout the industry as Mr. RESPA, has died.