Compliance & Regulation

A jump in the mortgage industry employment rate is one of the signs indicating more recruiting will take place due to the recovery.

Gramercy Capital Corp. is exiting the commercial real estate finance business, and effective April 15 will change its name to Gramercy Property Trust Inc. to reflect its focus going forward.

Rep. Mel Watt is on the shortlist to lead the Federal Housing Finance Agency, but it is unclear whether he—or any nominee—can survive the Senate confirmation process.

During the fourth quarter of 2012, CoreLogic said approximately 200,000 homeowners returned to a state of positive equity.

Prommis Holdings, which provides processing services for defaults and foreclosures in the residential mortgage industry, sought bankruptcy protection from creditors.

The initial exchange rate for each $1,000 aggregate principal amount of notes is 42.0893 shares of the company’s common stock.

The trick is to figure out how to properly manage the onslaught of regulatory changes.

In the eyes of the attorneys general from nine states principal writedowns on federally insured mortgage loans are the Achilles’ heel of the housing and overall economic recovery.

New vendor management requirements place increased scrutiny on how banks and nonbanks are managing third-party risk, while it is clear that the regulators and government agencies expect more oversight.

The Mortgage Bankers Association promoted regulatory attorney Kenneth Markison to head its public policy initiatives.