Compliance & Regulation

Some mortgage bankers are hoping for a Romney White House with the first order of business being the death of the Consumer Financial Protection Bureau. Of course, even if Romney wins that doesn’t mean he will be able to jam a bill to kill the agency quickly through the House and Senate.

Green Tree Servicing, a unit of Walter Investment Management Corp., will begin servicing about 4,000 Bank of America mortgages this month as part of the bank's mandate to hire delinquent-loan specialists under a widely watched investor settlement.

The Government National Mortgage Association approved 35 issuer licenses last year and hopes to approve about the same this year.

Regulators issued guidance Monday on how they plan to coordinate supervision of banks and credit unions with more than $10 billion in assets.

With all the attention to the new appraisal independence requirements in Section 129E of the federal Truth in Lending Act (TILA) that became effective in April of 2011, it can be easy to forget that more Dodd-Frank-based appraisal regulations are coming.

Wil Armstrong, CEO of Blueberry Systems and chairman of Cherry Creek Mortgage, discusses how origination technology can help lenders' retained servicing strategies.

Are the instructive lessons of the past sufficiently integrated into current industry business models and strategic planning?

Orrstown Financial Services has been hit with a lawsuit alleging that it misled investors about its financial strength during its March 2010 stock offering.

The California State Legislature passed legislation on two issues that will be included in the state’s Homeowner Bill of Rights and help protect homeowners from mortgage scams.

A new Lender Processing Services offering helps servicers match first and subordinate liens on a property to streamline the process of modifying mortgages for distressed borrowers.