Compliance & Regulation

One of the hardest-hit states is trying to put together a principal reduction program by purchasing severely delinquent underwater mortgages.

The release of a long-awaited federal rule on housing discrimination is bad news for bankers who fear being targeted in fair-lending suits.

Faith Schwartz has quietly left the Hope Now servicer alliance that was formed back in 2007.

You first need to know what the problems are with the mortgage application.

The Consumer Financial Protection Bureau has taken notice of the unusually high number of servicing transfers lately and it wants to ensure that such transfers go smoothly for all borrowers.

It took a phone call from reemployment solutions provider NextJob, to Fifth Third Bancorp to start rolling a unique partnership that oly a few years ago would have been unimaginable.

There has been some speculation that real estate investment trusts could become a target of leveraged buyout activity, but it is unlikely to occur in the near term, in part because the commercial mortgage-backed securities market is still constrained.

American Capital Mortgage Investment Corp. ended its first year as a public company with fourth-quarter 2012 earnings of $50.4 million in net income and earnings of $1.40 per share.

Flagstar Bancorp has revised its financial results from a $66.8 million profit in the fourth quarter to a $94.2 million loss due to lawsuits by MBS insurers.

For the third consecutive year Fifth Third Mortgage Co. has exceeded the national average of converting Home Affordable Modification Program workout plans into permanent modifications.