Compliance & Regulation

Jurors in a Riverside County, Calif., courtroom convicted Hendrix Montecastro and his mother, Helen Pedrino, on hundreds of felony charges.

Despite the absence of precise data, it is well understood that the number of failed new home developments is significant.

A judge has ruled that Bank of America does not have to defend itself against a lawsuit filed by the Federal Deposit Insurance Corp. on behalf of a failed bank.

More than five years after the financial crisis, the banking industry is no longer at the forefront of the Obama administration's agenda.

Minutes of the last Federal Reserve meeting showed several members said the central bank should begin tapering its bond-buying program later this year and stop it by yearend.

With the average time for lenders to repossess a housing unit up to a record 477 days nationwide, the fewest properties were foreclosed upon during the first quarter of 2013 in nearly six years.

A federal judge has dismissed the majority of $590 million of mortgage-backed securities claims brought by NCUA against Credit Suisse Securities in the 2009 collapses of U.S. Central FCU and WesCorp.

The court granted summary judgement on a wrongful foreclosure action, Van Hoecke v. First Franklin.

Insiders are expressing renewed optimism for growth in real estate capital markets and commercial real estate fundamentals, even compared to expectations of just six months ago.

Regulation has created a window of investment opportunity in the current booming mortgage servicing rights market.