Compliance systems

Throwing bodies at TRID implementation won't solve problems. Using technology to automate origination processes can help rein in costs and maintain compliance.

Alternative data used to score "credit invisibles" may do more harm than good. That's because in areas like employment and insurance, no credit score is often better than a bad one

Stewart Title Guaranty has agreed to offer a voluntary Deloitte & Touche compliance service to its independent title and settlement agents.

Getting together and sharing information and experiences should extend beyond executives throughout the mortgage industry to those we rely on most.

In the struggle between operational compliance and cost control, advanced analytics and technology can help lenders find an efficient middle ground.

First American Financial Corp.'s title business is expecting a slow gain in market share driven by the upcoming integrated disclosures reforms, in part due to consolidation in the title industry.

Mortgage lenders are in the final stretch of preparing to deliver the new TILA-RESPA Integrated Disclosures to borrowers. But it's not just the change of forms that's causing alarm bells. Fines could be steep and legal liability could be even higher for violators, while necessary technology changes are expensive.

LenderLive in Denver has acquired Walz Group, a provider of certified mailing services.

In a sign that the GSEs may once again be trying to compete with each other, Freddie Mac will no longer charge lenders to use its Loan Prospector automated underwriting system.

Veros will offer a direct connection to the Federal Housing Administration's new Electronic Appraisal Delivery portal using the same interface it offers for submitting appraisals to Fannie Mae and Freddie Mac.

In the wake of recent court rulings upholding homeowners associations' "super lien" status in foreclosures, mortgage vendors have flooded the market with products to help servicers and investors manage this long-standing threat.

VidVerify, a new company started by a co-founder of Lenders One, produces online videos that educate borrowers on the milestones of the mortgage process, while helping lenders ensure regulatory compliance.

There are more similarities between the NFL and the mortgage industry than at first meets the eye.

The Federal Housing Finance Agency provided more details Friday about key features for the new single security that will be issued by Fannie Mae and Freddie Mac.

Before Dodd-Frank, proving risk management precautions were in place was enough; now, the only real defense lenders and servicers have is an audit trail showing how violations were avoided.

Wholesale lenders and their brokers are finding preparing for the new mortgage disclosures that take effect in August especially tricky.

Although mortgage servicers technically work for the investors that pay them, the state of the business today requires that they make consumers front-and-center in their operations.

Hackers know the typical security implementations of CIOs; therefore a key element of effective IT security is to approach it from a hacker's perspective.

Ocwen Financial announced a preliminary loss of $546 million, or $4.18 per share, for fiscal year 2014 Tuesday, on a higher-than-expected goodwill impairment and charges stemming from the company's settlement with the New York Department of Financial Services.

Burlingame, Calif.-based mortgage compliance service ComplianceEase has acquired Mortgage Banking Systems of McLean, Va.