Compliance & Regulation

You know the type: The originator who wakes up each morning with absolutely no idea what he's going to do for the day or from where his next loan will come. The originator starts the morning daydreaming about what’s to come over the weekend, or what could happen if he or she were to suddenly have a booming pipeline of business.

Matt Nevins has joined the Securities Industry and Financial Markets Association as managing director and associate general counsel with SIFMA’s Asset Management Group.

The retirement of Senate Banking Committee chairman Tim Johnson at the end of next year has already prompted an elaborate guessing game about who will succeed him at the helm of the panel.

Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data.

It’s a good time to be a special servicer.

Examining some details of regulatory changes related to loan officer compensation, and escrow requirements for higher priced mortgage loans.

GSO Capital Partners will make available up to $150 million as part of a land banking arrangement.

Fannie Mae and Freddie Mac are exempt from paying real estate transfer taxes.

The Federal Housing Finance Agency has proposed banning force-placed insurance commissions in a blow to banks and other mortgage servicers.

Starting in July, Freddie Mac will make it easier for distressed borrowers who are having trouble meeting their monthly mortgage payments obtain a loan modification.