Compliance & Regulation

Real estate investment trust American Capital Agency Corp. recorded a comprehensive loss for the first quarter of $557 million.

Bank of America’s proposed $8.5 billion settlement with mortgage-bond investors should be rejected by a New York court, American International Group said.

After President Obama officially nominated Mel Watt to head the Federal Housing Finance Agency and replace the current acting FHFA director Edward Marco, Frank and Brian look into this in the latest National Real Estate Post video.

The question of the day on the Mortgage Grapevine actually the question of the past few years among originators is “are underwriting guidelines too tight?”

Bound by law in two different ways, the expectation to comply with the new mortgage servicing rules and investor demands, mortgage servicers still are navigating through the changes.

Lorraine Brown, former president of the mortgage document processor DocX LLC, was sentenced to at least 40 months in prison on a racketeering charge in a robo-signing case.

The clarifications piece together additional details relating to the determination of the DTI ratio.

The Department of Housing and Urban Development is selling more notes under its Distressed Asset Stabilization Program in the second sale of this type this year.

A former loan officer has been sentenced by a U.S. District Court judge to 151 months in prison.

CoreLogic has integrated compliance and fraud risk mitigation solutions into seven loan origination systems.