Compliance & Regulation

We're hearing there's a general expectation that purchase mortgage lending will pick up as refinancings continue to decline over the next four quarters.

Allstate’s 2011 lawsuit against Goldman Sachs over the alleged fraudulent sale of residential mortgage-backed securities has been discontinued.

Congress may be dysfunctional and highly partisan, but its members do have a soft touch when it comes to seniors and their access to reverse mortgages.

Calyx Software is coming out with a qualified mortgage findings report that will allow originators to thoroughly document compliance with the rule scheduled to go into affect in January.

James Cockinos was sentenced to one year in prison for his role in conspiring to commit bank fraud in order to secure a $1.48 million residential real estate loan.

Under the Making Home Affordable programs there can be a benefit for both the homeowner and the industry that many may have overlooked.

Moody's Investors Service has downgraded four tranches issued by Bravo Mortgage Asset Trust 2006-1.

A unit of Banc of California has agreed to pay $10 million for a mortgage business owned by one of its managing directors.

Department of Housing and Urban Development officials want lenders to implement the changes by Oct. 1, the start of the federal government’s fiscal year.

Fabrice Tourre, the former Goldman Sachs Group vice president on trial for his role in a failed $1 billion investment, was found liable on six of seven claims by a jury in Manhattan.