Servicing

The country’s largest independent regulator of securities firms doing business in the United States recently came to the rescue of "unsophisticated investors" who incurred thousands of dollars in losses deriving from unsuitable transactions.USA HSBC Securities Inc. paid $320,000 to its retail customers to compensate losses on grounds of unsuitable sales and supervisory failure allegations brought on by the Financial Industry Regulatory Authority.

A Tennessee-based mortgage origination and servicing software vendor is now offering its two products in a combined offering.

Remember all those prognostications from industry experts how the Dodd-Frank bill would destroy the nonbank segment of the mortgage industry, resulting in a total takeover of residential finance by depositories?

Commercial mortgage-backed securities delinquencies overall rose above 9% for the first time ever in September, but multifamily delinquencies fell, according to new data released Tuesday by Trepp.

The seasonally adjusted 30-day delinquency rate on home equity lines of credit held steady at 1.88% at June 30, hardly budging from the first quarter, according to new figures released by the American Bankers Association.

The Federal Housing Finance Agency's proposed ban of so-called "private transfer fees" goes too far, according to a group dedicated to fostering successful community associations.

Moody's Investors Service is giving the FDIC's new "Safe Harbor" rule the thumbs-up due to the protections private-label MBS investors can rely on if the issuing bank fails.

NeighborWorks America’s current CEO Kenneth D. Wade is leaving the nonprofit community development organization for a leadership position with Bank of America.

You have an idea for a product or service and want to start a company, or maybe you already have a company and you are thinking about launching a new product line. Either way, you need capital to make it happen but how do you get the funding required?

The leading trade group for title insurers on Monday declared that despite "possible flaws" in the foreclosure process, the growing scandal will actually have little adverse impact on the new owners of REO properties, or on title insurance claims.