Compliance & Regulation

The Securities and Exchange Commission has appointed Thomas Butler as director of the agency's new office of credit ratings.

A week after it was disclosed that Wells Fargo & Co. would only engage in new FHA Streamline refinancings from its own servicing portfolio, it appears that other large lenders might follow suit.

Structured finance investors would prefer to rely on fewer sources of pricing for tracking deals, according to 107 investors in the industry surveyed by Principia Partners.

It could be the most underserved part of the market: investors stuck with rental properties – and who don’t want to default – need to refinance but can’t because they’re underwater on home equity.

Former Taylor Bean & Whitaker CFO Delton de Armas pleaded guilty to one count of conspiracy to commit bank and wire fraud, and one count of making false statements.

Nobody's perfect. But with social media, blogs, forums and articles posted in the millions each day, you need to monitor your online reputation.

A multi-agency effort targeting some of the worst housing in the country is a welcome move, but only a start.

Several analysts have called last month's decision by the Federal Reserve to raise minimum Tier 1 common equity requirements for banks to 7% a death knell for thrifts.

It doesn’t sound like agency mortgage repurchase requests are going to end any time soon, even though many originators are doing their best to batten down the hatches. Instead, word is these requests continue to increase.

The definition of "proxies" is an issue in discussions surrounding loan officer compensation.