Servicing

Take a look at c-suites across the financial services industry and you will see a noteworthy decline in the number of women occupying the most powerful offices in America's banking industry.

As head of the Mortgage Bankers Association, David H. Stevens spent the last year warning that excessive and ill-considered regulation could drag down the mortgage market. As the new head of SunTrust Mortgage, he'll have to face that regulation head-on.

Fannie Mae selected its general counsel, Timothy Mayopoulos, to be the GSE’s new president and chief executive, effective June 18.

Monetary policymakers should recognize that the housing bust will have a lasting effect on the U.S. economy and should adjust their expectations to relatively slow GDP growth.

Multiplying federal and state regulation that has triggered the issuance of new rules and requirements further down the chain at the local level is mounting pressure on mortgage banks in search of new ways to conduct mortgage loan reviews and ensure they stay in compliance.

On July 21, 2010, President Obama signed a bill that literally overhauled every corner of the financial industry—Dodd-Frank became an immediate game changer. Among other it contains an obscure provision that may fail to catch people's attention.

Property valuation compliance requirements are challenging lenders and servicers as much as home price fluctuations.

Regulatory pressures have given the mortgage industry headaches along with a renewed motivation to create more efficient solutions.

As Fannie Mae's July 1 deadline approaches, lenders and servicers must meet the GSE's requirement to satisfy homeowners association claims in order to preserve their first lien position.

Loans included in commercial mortgage-backed securities had an 8.85% delinquency rate at the end of March, compared to 8.56% at yearend.