Compliance & Regulation

The Consumer Financial Protection Bureau is concerned many mortgage servicers are not acting in the best interest of loan owners or investors and more communication between the two parties is needed.

Regulators in 24 states are making the licensing process easier for mortgage loan originators by agreeing to a uniform state test.

The New York City Apartment Portfolio Roll-Up loan received a split modification following new property valuations based on conversions from rent-stabilized to market-rent values.

Virginia Realty Co. of Tidewater Inc. paid $82,500 to settle allegations that it refused to allow a Hispanic woman to apply for an apartment because she did not speak fluent English.

Goldman Sachs and Morgan Stanley reached a settlement with the Federal Reserve Board over deficient practices in mortgage loan servicing and foreclosure processing.

First Niagara will recognize a pretax adjustment of $16 million in 2012 to accelerate premium amortization on its portfolio of collateralized mortgage obligations.

A report from the Harvard Joint Center for Housing Studies suggests changes to the housing finance system may negatively affect future lending to lower-income and minority borrowers.

We're hearing that reviews on the long-awaited Consumer Financial Protection Bureau qualified mortgage rule are mixed.

The Mortgage Bankers Association wants the White House to appoint a “traffic cop” to provide some coordination over the onslaught of mortgage regulations that will be issued over the next six months.

Ohio State University is coming to market Wednesday with $350 million of bonds that feature a new credit for the state’s leading flagship university.