Compliance & Regulation

As a result of this scam, the loan funding companies lost nearly $1.3 million.

The Senate has passed a Home Equity Conversion Mortgage reform bill by unanimous consent that will give the Federal Housing Administration the authority to quickly fix its troubled reverse mortgage program by issuing mortgagee letters.

With mortgage rates dipping to all-time lows over the past couple of years, homebuyers had no choice but to become spoiled. Unfortunately, nothing good lasts forever.

We're hearing that it hasn’t been easy to be a real estate investment trust mortgage-backed securities investor recently.

Some wild and crazy letters of explanation from consumers to originators about having bad credit.

The number of state-licensed mortgage companies totaled 15,842 at the end of the first quarter.

A few companies took a different path choosing to involve their employees by sharing all related business information and asking: What can we do together to cut costs and survive through the crisis period?

Nationstar Mortgage Holdings was sued for failing to complete a $150 million sale of residential mortgage loans it offered at auction.

The Federal Bureau of Investigation arrested a former California mortgage broker earlier this month at his home for a violation of bank fraud.

Richmond, Calif., is the first city in the nation to try eminent domain as a way to stop foreclosures.