Compliance & Regulation

Economists expect the housing recovery to continue this year building off of the momentum generated in 2012 despite some challenges that could hinder future growth.

JPMorgan Chase plans to eke out every last profit from the government's Home Affordable Refinance Program for underwater borrowers.

The New York Association of Mortgage Brokers annual convention was delayed by Hurricane Sandy and that was a big topic of conversation at the show. One of the presenters at the Melville gathering was a representative of the Small Business Administration. Sandy was a topic during Origination News' roundtable with NYAMB's board.

New Yorkers Paul and Angelica Kashman, declared in default on their mortgage in July 2010 and foreclosed on by Wells Fargo & Co. in February 2011, say they aren’t deadbeats.

Egan-Jones Ratings was barred from grading government debt and asset-backed securities for 18 months after settling charges it made material misstatements to the Securities and Exchange Commission.

As an industry, we have always had too great a focus on gross income, and not enough focus on the consumer’s real bottom line.

A multimillion-dollar investment by DocMagic to build a new state-of-the-art technology center to enhance its security protocols has been completed.

In his first nine months as comptroller of the currency, Thomas Curry has had to deal with a community bank revolt against Basel III, policy heavyweights calling to break up the big banks, and a mortgage servicing settlement that had gone expensively off track.

The number of mortgages in the process of foreclosure but with no resolution for all loan types improved during the first three quarters of 2012.

Compass Analytics has released a new product that comprises the company’s mortgage analytics suite.