Compliance & Regulation

Congress may decide to cap the mortgage interest deduction on residential debt at just $500,000.

Fannie Mae and Freddie Mac seller/servicers which have already been hit with two recent guarantee-fee increases should expect even more, according to the Federal Housing Finance Agency.

By only stalling the foreclosure process longer than it should be, homeowners who fall prey to pretender defenders are losing large sums of money.

Veteran bond market executive and researcher Mark Adelson is joining BondFactor as its chief strategy officer.

They have a different work/life style than civilian consumers.

As of July 2012, EverBank serviced roughly 390,000 residential mortgages with an unpaid principal balance of $53.1 billion.

Regulators released new details on how they will enforce restrictions on charter swaps by troubled banks.

The qualified mortgage test and risk retention rules will cement Fannie Mae and Freddie Mac’s dominance in the secondary market, according to FBR Capital Markets.

It’s not every day that the HUD secretary calls a flesh-and-blood press conference for mortgage reporters, handing out paper instead of electronic files and then issuing a strict edict on a noon embargo. Then again, it’s not every day that the FHA Mutual Mortgage Insurance fund goes into the red by $16.3 billion.

According to figures compiled by National Mortgage News, UBS was one of the largest underwriters of nonprime MBS during the housing boom.