Compliance

Financing plays a vital role in nonperforming loan investment. One of the most compelling things investors can do to get it is show how they handled a tough situation, financiers say.

A proposal to extend and modify the Terrorism Risk Insurance Act divided the House Financial Services Committee down party lines on Thursday, and signaled the battle lines that are likely to arise when the issue is worked out between the House and Senate.

The confluence of trends is making efficient portfolio and vendor management vital.

The GSEs make mortgages? Banks don't? For an economics professor who has made the causes of the housing collapse a central campaign issue, David Brat sure doesn't sweat the details.

Rep. Randy Neugebauer, R-Texas, introduced a new plan Tuesday to modify and extend the Terrorism Risk Insurance Act.

The Consumer Financial Protection Bureau has ordered a New Jersey company, Stonebridge Title Services Inc., to pay $30,000 for paying illegal kickbacks for referrals.

Ocwen Financial Corp. agreed to pay $3.7 million to end a Massachusetts lawsuit claiming it didn't give homeowners required notices and illegally foreclosed on properties, the state’s attorney general said.

The Consumer Financial Protection Bureau recognized a distinction in terms of the treatment of persons working for a company based upon their classification as employees or contractors.

WinWater is the first new jumbo residential mortgage-backed securities issuer to put a deal in the pipeline since 2013. More new players could bring deals to market late this year.

Fannie Mae and Freddie Mac are exempt from state and local taxes, including transfer taxes, a Washington appeals court ruled in the latest decision shielding the government-owned mortgage finance companies from attempts to collect levies on property transfers.

The Justice Department has asked Citigroup for more than $10 billion to settle a probe into the lender's sale of mortgage-backed bonds in the run up to the 2008 financial crisis.

Sen. Lindsay Graham questioned payments to a senior advisor of Shaun Donovan, who currently heads the Department of Housing and Urban Development and has been nominated to lead the Office of Management and Budget.

Fidelity National Financial and First American Financial are pitching lenders additional technologies and services that complement their core title businesses. CoreLogic, by contrast, is diversifying its clientele beyond mortgages.

Wells Fargo failed to convince a U.S. appeals court that a multibank mortgage settlement in 2012 barred the government from suing over home lending practices it claims led to hundreds of millions of dollars in federal insurance payouts.

The House approved a bill Monday evening to modify the calculation of certain "points and fees" under the Consumer Financial Protection Bureau’s qualified mortgage rule.

By obtaining a third-party opinion that provides a reasoned analysis supporting borrowers' ability to repay, a lender places itself in a substantially stronger position with respect to subsequent ATR claims.

Citigroup, one of three mortgage lenders sued last year by Los Angeles for allegedly targeting minorities with "predatory" loans, lost its first attempt to dismiss the claims.

A reported $12 billion settlement with federal and state authorities could force Bank of America to take a charge eating up most of its second-quarter profits. After that, the bank may finally get to move on.

Doral Financial Corp., the holding company for Puerto Rico's second-largest mortgage lender, sued the island's government for voiding a 2012 agreement to pay a $230 million tax refund.

CWCapital Asset Management took title to Stuyvesant Town-Peter Cooper Village, Manhattan's largest apartment complex, and canceled an auction for control of the property.