Compliance & Regulation

Springleaf Finance Corp., the subprime lender that’s been raising cash to repay maturing debt by packaging older mortgages into bonds, plans to sell $787 million of home-loan securities.

With millions of homes currently foreclosed upon nationwide, there is potentially a second foreclosure crisis looming that could deteriorate the housing industry even more: the tax lien sale.

A Virginia businessman who participated in an elaborate fraud scheme that led to Bank of Commonwealth’s collapse has been sentenced to 14 years in federal prison.

Oklahoma has issued the first compensation checks to residents who lost their homes after lenders assured them their loans would be modified.

Lender Processing Services has reached a settlement with the Delaware attorney general related to the state’s investigation of robo-signing practices by the company’s subsidiary DocX.

Sheila Bair believes Harvard professor Elizabeth Warren would make a fine U.S. senator and doesn't understand why bankers vilify her so much.

Case involved recruiting of a manager and staff in MortgageNow's Destin, Fla., office by Guaranteed Home.

A group that represents loan officers is holding out hope that "dual compensation" will be allowed on all mortgage transactions.

Commercial real estate finance company iStar Financial has obtained a $1.82 billion senior secured credit facility.

The Department of Justice is continuing to pursue Federal Housing Administration lenders for past underwriting sins in an effort to hold them accountable and produce sizable settlements to bail out the government’s mortgage insurance fund.