Compliance & Regulation

A small but important area of focus for mortgage servicers will be borrower outreach when the CFPB servicing guidelines take effect next year.

Ellington Financial during the fourth quarter of 2012 recognized net income of $24.8 million, or $1.19 per diluted share.

FICO has launched an analytic solution that combats first-party and third-party application fraud which reportedly costs credit grantors in the U.S. more than $6.7 billion a year.

The Federal Housing Administration is taking aggressive actions to protect seniors that take out FHA-insured reverse mortgages and protect the mortgage insurance fund.

The Federal Housing Administration has not met its statutorily mandated 2% capital requirement since 2009, according to the General Accountability Office.

Credit Agricole won dismissal of lawsuit brought by Intesa Sanpaolo over claims it was defrauded in a collateralized debt obligation investment.

As paychecks for consultants hired to review faulty foreclosures threatened to exceed compensation to the homeowners harmed by the flaws, the Comptroller of the Currency says he decided to end the reviews.

Realtors and mortgage bankers say they’re hoping President Obama’s call for streamlining mortgage rules will lend new momentum to efforts to prevent imposing a strict minimum downpayment for home loans.

Fannie Mae has made plans for a new issue of three-year benchmark notes.

Code violations are a slippery slope. If not careful your property might descend into lien oblivion, racking up enormous fines that create unwanted risk for investors.