Compliance & Regulation

Equifax's May National Consumer Credit Trends Report shows the total volume of severely delinquent first-mortgage loans declined to $450 billion from the peak of more than $700 billion in January 2010.

Analysts at Fitch Ratings have returned Old Republic International Corp. to Ratings Watch Negative status following the cancellation of the spinoff of the mortgage insurance business into a separate entity.

Democratic senators pressed their case Tuesday for several legislative measures that would provide greater financial protections to members of the military.

Attempts by Mortgage Guaranty Insurance Corp. to sell off its eMagic and Myers Internet units have failed and the mortgage insurer will shut down the pair of technology providers on Sept. 1.

The continued uncertainty and regulatory delays surrounding key mortgage rules mandated by the Dodd-Frank Act are keeping potential issuers of private-label MBS on the sidelines.

Despite the well-known symbiotic relationship between crime rates and the socio-economic wellbeing of a neighborhood attempts to measure the toll of crime on home values are scarce if nonexistent.

In the wake of several significant regulatory developments, and with more changes looming, it seems clear that esponsible servicing professionals will need to evolve and adapt to new realities.

CoreLogic has introduced a new tool designed to deliver summaries of the assignment document chain mortgage servicers need to comply with federal regulators.

As most mortgage industry professionals are aware, the Federal Housing Administration recently increased its mortgage insurance premiums.

A federal appeals court has denied Republic Bancorp's bid to recover $14 million it lost on securities investments because it believes the company should have been aware of the risks it was taking.