Compliance & Regulation

Treasury Secretary Jacob Lew said a one-time payment from Fannie Mae confirms that the nation’s debt ceiling won’t be reached until September.

KeyBank Real Estate Capital has agreed to purchase billions in commercial mortgage servicing rights from Bank of America, which will single handedly bring KeyBank’s CMBS servicing portfolio to the nation's top three.

The additional services that North County Property Group is now providing clients include a 10-point property marketing program, REO portfolio services, eviction services, and a referral program for cooperating real estate brokers and agents.

The Securities and Exchange Commission has charged the City of Harrisburg, Pa., for misleading investors about its financial health.

In a discussion led by attorney Joshua Stein (left), Bruce Batkin, president and CEO, Terra Capital Partners, said the commercial real estate market forecast is largely favorable.

In the post-crisis housing market appraisal reports are becoming as important as credit scores, requiring lenders and servicers to be more inventive with the tools they use to assess real estate value risks.

It appears that one of the chief enforcement tools of the Consumer Financial Protection Bureau is the use of the horizontal audit.

Now that Fannie Mae and Freddie Mac are profitable again and getting closer to paying back all the financial aid they received from Treasury, it is going to make it harder to pass far-reaching GSE reforms.

MBIA Inc. started the year off much better this year than it did last year, with an adjusted pretax loss of only $20 million for the first quarter compared to $548 million in 2012.

Industry leaders participated in a roundtable discussing the latest trends in mortgage fraud and what lenders and servicers can do to detect illegal loan applications they receiver from a borrower.