Compliance & Regulation

Rising interest rates may trim issuance of commercial-mortgage bonds by $15 billion this year, according to Standard & Poor’s.

A leading credit union executive called on Congress this morning to exempt credit unions from new Qualified Mortgage rules that would generally bar them from making subprime and other risky mortgages.

Is the bar set so low that investors must dictate to servicers what the minimums are and how to manage the very basic elements of our business?

The National Security Agency spying scandal, sparked by news that the NSA has been monitoring phone and e-mail records of millions of Americans, could spill over into the mortgage industry.

Where industry credit limits stand and why was among the topics discussed by a group of industry executives convened by Origination News at the Mortgage Bankers Association’s National Secondary Market Conference in New York.

The recent rise in home prices has a number of observers concerned, and a Mortgage Grapevine post refers to recent article in a Denver newspaper on that topic.

The upgrades of the master and primary servicer rating reflect the completion of Wells Fargo's Systems Process Integration project and subsequent operational improvements.

Recent rate volatility created some challenges in pricing Fannie Mae’s recent $1.02 billion DUS REMIC last week but investor demand remained stronger for shorter maturities and support bonds.

Banks are pushing to overturn a legal theory that allows fair lending suits when there is no evidence that the lender intentionally discriminated against a particular racial or ethnic group, as long as the bank's policies had a disparate impact on minorities.

A proposal by Mortgage Resolution Partners, known for some controversial past plans that involved addressing underwater loan concerns with eminent domain, is slated to be considered by the North Las Vegas City Council this week.