Compliance & Regulation

Although 19.8% of all residential properties with a mortgage still were in negative equity positions during the first quarter, this represented a decline from 21.7% at the end of the fourth quarter of 2012.

ResCap has said the payments will save it more than $3 million a month in interest costs and won’t be unfair to lower-ranking creditors because the money will go to pay senior debt.

Just because you do not like the answer from your loan officer does not mean that the answer is wrong.

Accelerate banking caters to Generation X focusing on a mindset aligned with the demands of new entrepreneurs looking for untraditional, stronger banking relationships and faster decision-making opportunities.

A study found that real estate agents and rental housing providers recommend and show fewer available homes to minority families than equally qualified whites.

The House of Representatives has passed a bill to give the Federal Housing Administration new powers to regulate its reverse mortgage program via mortgagee letter.

The former president and chief executive officer of U.S. Mortgage, a loan servicing company based in Nevada, pleaded guilty for his role in a scheme to defraud Wells Fargo of more than $8 million.

Moody's once again affirmed the servicer quality of Bank of America, N.A. at average despite ongoing measures taken to improve servicing performance.

The end of the refinancing boom is likely to prompt to a wave of consolidation among mortgage lenders because there is simply not enough purchase business to go around.

A report by a visiting professor at the New York Federal Reserve is reviving the debate over using government powers of eminent domain to seize mortgages of underwater homeowners to ease their debt.