Compliance & Regulation

Congressional efforts to reduce the U.S. deficit revived tax breaks for mortgage insurance and extended interest deductions for homeowners that will cost the government $600 billion over five years.

Savvy investors rushing to take advantage of current and long-term foreclosure-to-rental market opportunities may stumble upon an unexpected barrier: data.

The congressional playbook for the new year is a familiar one, as lawmakers will continue to oversee implementation of the Dodd-Frank reform law and possibly begin to make inroads on housing finance reform.

Although mortgage servicers hire field service companies to preserve these properties, the property will deteriorate without a tenant or occupant no matter how much maintenance work is completed.

TCW Group Inc., Pacific Investment Management Co. and DoubleLine Capital LP are forecasting gains for mortgage bonds without government backing.

All industry stocks on this publication’s Mortgage Industry Equity Composite ended the trading day Wednesday with gains, with mortgage insurer MGIC leading the pack.

While the qualified mortgage definition is approaching a deadline this month, there are some in the securitized market worried about the rulemaking dragging on.

For the sixth straight month the number of completed foreclosures in Massachusetts declined by nearly 60% in November marking the beginning of a brighter future for this market.

The Federal Housing Administration will take several additional steps to maximize recovery in the areas of loss mitigation and asset management.

The Royal Bank of Scotland has won a bid to dismiss a lawsuit that stems from its sale of securities backed by U.S. residential mortgages.