Compliance & Regulation

Securitizations that significantly limit repurchases are among structural weaknesses that could prevent residential mortgage-backed securities from getting Moody’s highest rating.

Specialized Business Software has enhanced its Docunym Document Management Solution tool to help mortgage servicers automate loan processing in compliance with federal and state level regulation.

Moody's Investors Service has downgraded 16 of roughly 130 tranches backed by $2 billion in subprime mortgage loans.

It is becoming increasingly evident that mortgage servicing organizations—from servicers to default servicing law firms and their vendors—will not be viable if they don't evolve.

Mortgage lending standards are very tight today and the newly finalized qualified mortgage rule is not designed to make it tighter.

Ben Bernanke said that U.S. regulators were committed to adopting an international liquidity requirement, but hinted at possible changes to fit the U.S. banking system.

Sen. Elizabeth Warren defended the Consumer Financial Protection Bureau and its director Richard Cordray during remarks at a credit union industry conference.

Like bartenders and psychologists, distressed debt servicers spend the day listening to people’s problems.

Consumer Financial Protection Bureau director Richard Cordray told attendees to CUNA’s Government Affairs Conference that credit unions are not the target of the new consumer cop on the block.