Compliance & Regulation

TriLyn has formed an investment management platform focused on opportunities in high-yield commercial real estate debt.

A group of Wall Street banks and ratings agencies told a federal court in Miami that “greed” and the need to grow earnings was responsible for the 2009 demise of Eastern Financial Florida CU, the one-time $2.4 billion credit union, not alleged fraud on their part in the sale of $100 million of risky financial derivatives known as collateralized debt obligations.

Assured Guaranty Ltd. posted a small profit for the first quarter of 2012 and last week announced a deal with Deutsche Bank over soured mortgage backed securities.

Congress is not likely to pass recently proposed legislation that would reform the Home Affordable Refinance Program and promote competition among mortgage servicers, according to analysts at the Royal Bank of Scotland.

President Obama traveled to a couple's home in Reno, Nev., on Friday in his effort to pressure Congress into passing legislation that would allow more Americans to refinance their mortgages.

President Obama traveled to a couple's home in Reno, Nevada, on Friday in his effort to pressure Congress into passing legislation that would allow more Americans to refinance their mortgages.

The California Association of Realtors and the California District Attorneys Association have launched a campaign to warn homeowners about the alarming increase in scams targeting foreclosure victims.

Under the servicing settlement, state funds are supposed to be used “to avoid preventable foreclosures” and “ameliorate the effects of the foreclosure crisis.”

What is clear after reading the May 9 information release is that when it comes to the CFPB and the Federal Reserve, the left arm clearly does not know what the right arm is doing.

The owners of a Los Angeles-based real estate company were charged last week by the Securities and Exchange Commission with violating antifraud and securities registration provisions by defrauding investors through a business that had false track records.