Risk management

Fannie Mae's credit risk sharing transactions since 2013 have grown to the point where the total for the unpaid principal balance transferred has reached $1 trillion.

Auditors performing a review of Ocwen Financial padded time sheets and claimed excessive and improper expenses, including lengthy travel and meals at strip clubs and casinos, according to a lawsuit filed against Fidelity Information Services.

Maryland Gov. Larry Hogan has signed a bill that will expedite foreclosures of vacant and abandoned properties this fall.

This is a good time for bank risk managers and bank regulatory examiners to evaluate the effects of a deepening retail crisis on the financial services sector.

As financial institutions look closer at the increasingly detailed consumer credit data available, they are learning consumers are more apt to pay off personal loans before mortgages, auto loans and credit cards.

Fannie Mae's involvement in institutional single-family rental financing bodes well for that market's potential growth, says Investability Real Estate's Chief Revenue Officer Dennis Cisterna.

The Securities and Exchange Commission isn't planning to bring an enforcement action tied to Deutsche Bank's losing nearly $550 million on mortgage-bond trades.

Many loan officers don't have an online presence, and a lot of those who do have neglected to correct errors and inaccuracies in key information, technology vendor Yext finds.

Freddie Mac's serious delinquency rate dropped below 1% for the first time since 2008, lending credence to its efforts to expand credit access.

Foreclosure activity continues to subside and most of the regulatory reforms created to protect distressed borrowers have been implemented. Yet mortgage servicers still haven't fully resolved the operational challenges facing their business.