Compliance & Regulation

The Federal Housing Finance Agency said that the winning bidders have been selected in Fannie Mae’s first bulk sale offering through the REO-to-rental pilot initiative.

Saudi Arabia, which is spending about $500 billion to build infrastructure and industry, said its cabinet approved the kingdom’s first mortgage law, more than a decade after it was first proposed.

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.