Compliance & Regulation

Delinquencies on U.S. commercial real estate loan collateralized debt obligations fell for the second consecutive month.

The California Department of Real Estate issued a warning to consumers about a new fraudulent scheme that targets and preys upon the owners of vacation timeshares in Mexico.

In appropriate cases the Consumer Financial Protection Bureau plans to continue its Big Brother approach to customer-disputed loss mitigation cases subject to mortgage servicing transfers.

Key regulators signaled that they will consider matching up the qualified residential mortgage rule with the definition of the qualified mortgage so they don’t place additional constraints on lending.

The standard’s greatest risk is its ambiguity. HUD declined to provide any sense of meaningful examples as to what amounts to a disparate impact.

A record number of consumers utilized MortgageKeeper Referral Servicers’ database in January.

Fannie Mae has priced a $6 billion new issue of three-year Benchmark Notes due March 30, 2016.

More laws, more regulations, more rules, more confusion for mortgage originators.

Community banks are feeling the pressure to comply with new lender-placed insurance requirements and following the example of large banks that already rely on automated regulatory compliance solutions.

According to the monitor of the national mortgage settlement, Residential Capital, Ally Financial and GMAC Mortgage have collectively exceeded their "consumer relief obligations.”