Compliance & Regulation

There is nothing new about Republican lawmakers claiming everything that President Obama does is unconstitutional or un-American.

Note that it can only be a small percentage of a loan officer's income and it cannot be used to pay a bonus on the terms of the loans closed by the originator.

Homeowners will see increases in the rates they pay for flood insurance soon, if they haven't already, with owners of vacation homes seeing the biggest jump.

Potential fraud activity is on the rise nationally that lenders should be wary of during the mortgage loan application process.

A trend of sequential increases in credit-risk-related provision expenses by the largest U.S. banks reported in the fourth quarter will likely continue through 2013.

The National Association of Mortgage Brokers' NAMB National conference in Las Vegas was the best attended the organization had in years. During the show, Origination News met with the group's board and discussed NAMB's repositioning, new regulations and the future of wholesale.

Louis Borsellino, newly-installed president of the New York Association of Mortgage Brokers, lays out his plans for the coming year.

Redwood Trust sold $619.2 million of home-loan securities in its second deal this month.

Most mortgage officials feared Jan. 21, 2013 much more than the abortive Doomsday that was supposed to have happened a month earlier.