Compliance

While there are compliant ways to institute these plans, many employers make the mistake of having several "buckets" that vary by a few basis points.

U.S. Court puts pressure on HUD to help surviving spouses stay in their homes.

Perpetrators fraudulently acquired close to 40 homes, and used at least one to grow marijuana when it became vacant.

The Obama administration is urging housing advocates to stand behind legislation to overhaul the housing finance market, ahead of a Senate Banking Committee vote scheduled for the end of April.

The recent housing recovery has been the saving grace for some 2005-2007 subprime mortgage bonds, but in others, delays in getting distressed properties to market have offset home price gains.

B of A caught observers off guard by announcing $6 billion in mortgage litigation expenses, but the move is an attempt to convince analysts and investors that there is an end in sight to its crisis-era legal woes. It just might work.

If it wasn't a malicious attack, what else could have overwhelmed the mortgage loan origination software vendor's servers at a time when originations are in the doldrums?

As homeowners regain equity in their properties and interest rates continue to increase, equity-financed home improvements will likely become more attractive to borrowers than short sales, home purchasing or refinancing.

As the rest of the housing industry recovers, a little-known firm with a key role in mortgage finance remains stuck in limbo, wrestling with regulators, lawsuits and the departures of senior employees.

Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America to a nonbank servicer because of missing documents. The agency is asking the top servicers for an inventory of loans with missing documents.

Lenders and Realtors are hailing a new law that delays flood insurance premium increases, but unless the government takes actuarially prudent measures, rising sea levels could cost taxpayers dearly.

The Senate Banking Committee is scheduled to vote on its bill to overhaul the mortgage finance market on April 29, but questions are now being raised about whether that date will slip, as supporters struggle to secure additional votes.

Done right, the mini-correspondent channel is a legitimate way to create mortgage servicing rights, but the annals of the mortgage industry are filled with solid ideas that went terribly wrong.

Some nonmortgage technologists think lenders are behind the times when it comes to reaching consumers, and they can help.

People who lack a credit or work history in the United States may have trouble getting a mortgage under the new qualified-mortgage rule, bankers say. A number of immigrants are self-employed, which makes it even harder to qualify.

Mortgage-bond traders at JPMorgan Chase, Morgan Stanley and Royal Bank of Scotland Group were placed on leave in recent weeks or months, according to people familiar with the matter.

Distressed homeowners who obtained loan modifications fell to approximately 42,000 in February, a 5% decrease from the month before and a sign that the number of borrowers needing assistance is declining, according to the Hope Now alliance.

The number of underwater homeowners who received principal reductions on their mortgages through the Keep Your Home California program increased dramatically in 2013.

But be aware of the business and regulatory risks associated with closing loans in your own name.

Commissioner Carole Galante says the Federal Housing Administration's insurance fund must be strengthened before insurance premiums can be reduced, but outlined alternatives to improve credit availability.