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The increased compliance cost for smaller settlement services providers is not due to the statement, but rather because of new consumer protection rules.
August 29
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The Justice Department's recent $16.6 billion deal with Bank of America over crisis-era mortgage fraud has raised fresh questions over a perceived lack of transparency in the settlement process.
August 29 -
Here is a checklist of six items you can do to be ready for the upcoming Mortgage Bankers Association annual convention or any other trade show.
August 29
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Bank of America has taken a significant reputational hit as a result of its 2008 acquisition of Countrywide Financial. Could it have mitigated some of the damage with a different branding strategy?
August 29
Mahoney Partners -
Prices of securitized commercial mortgage loans shrank slightly in July, according to DebtX.
August 29 -
HSBC Holdings Plc and Nomura Holdings Inc. lost a bid to block claims by a U.S. regulator the banks say were brought too late, clearing the way for a trial of HSBC over questionable mortgage practices.
August 29 -
It only took 23 years as an originator to come up with this simple idea.
August 29
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Some companies place too much focus on their product or service and fail to invest an equal amount of time on the brand.
August 28 -
An examination of the details in the B of A settlement shows many examples of risky behavior, including mortgage applications that were underwritten with "shadow" guidelines that allowed exceptions to approve almost any loan.
August 28
National Mortgage News -
It is looking to sell the property within the next three years as part of a plan to consolidate its office space into a single location.
August 28


