Compliance & Regulation

Spanish and Portuguese banks are leading European lenders in buying back their own mortgage-backed securities at distressed prices to bolster capital and stockpile eligible collateral for European Central Bank loans.

The TBA market is widely viewed as an essential element of a functioning mortgage market, serving as both the ultimate source of liquidity and a crucial pricing benchmark for housing finance.

Do relevant regulations permit a bank or AMC to assign an appraisal on a Cairo, Georgia-based property to an appraiser whose office is physically located in Tallahassee, Florida? I suggest three key regulatory issues.

Three industry executives attending the Mortgage Bankers Association’s National Secondary Market Conference in New York this year weighed in recently on the government and private secondary mortgage markets. And in the excerpt that follows, they discuss how the transition away from the former toward the latter might someday take place.

If you think there couldn't possibly be yet another new requirement facing servicers, think again.

An American Securitization Forum report suggests market participants agree combining Fannie Mae/Freddie Mac mortgage-backed securities could eliminate pricing discrepancies between the two types of agency MBS.

The crisis in mortgage lending and the anger that followed the robo-signing scandal has become a crisis of paper.

Some friends and I recently decided to do a "staycation" in Scottsdale, Ariz. The experience was horrendous, but they taught me several valuable lessons about our industry.

After some big banks backed out of a low-income housing project in Tuscaloosa, Ala., a credit union has stepped in to help struggling first-time homeowners achieve their dreams.

For those lenders who decide not to pay the penalty under the new healthcare law, and instead provide insurance there are certain practical realities to consider.