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These are the documents originators should be telling their customers to bring during the application process.
February 12
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Leading origination outsourcer cites "input" from activist investor Orange Capital.
February 11 -
The courts finding in one case is consistent with the provision in the mortgage that allows the lender to do whatever is necessary to protect the value of the property.
February 11
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Now that many experts are heralding the end of the foreclosure crisis, we are seeing fewer headlines about the shadow inventory that servicers are holding in their portfolios.
February 11
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The Consumer Financial Protection Bureau's new notification requirements for property valuations have rekindled old debates over appraisal alternatives and are expected to add costs alongside yet another layer of mortgage litigation risk.
February 11 -
Serling will be charged with providing Situs with business development opportunities relating to commercial mortgage-backed securities bond investors.
February 10 -
Regulatory intervention throws a monkey wrench into a mortgage servicer's growth plansand calls into question whether there are enough nonbanks to absorb all the servicing banks want to sell.
February 10 -
Lenders should consider carefully the potential for originators to steer borrowers from closed-end products into open-ended loans.
February 10
Offit | Kurman -
A former head of commercial real estate at Wilmington Trust Corp. was charged with bank fraud, bribery and money laundering, the Office of the Special Inspector General for the Troubled Asset Relief Program said.
February 7 -
Freddie Mac plans this year to start regularly issuing the credit-linked notes it began using as a form of risk-sharing last year.
February 6 -
Hendrix Montecastro and his mother were both convicted in a $142 million scheme.
February 6
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The New York regulator questioned Ocwens ability to handle more volume after an independent monitor reviewed the mortgage servicers operations, a person familiar with the situation says.
February 6 -
Citigroup and Assurant have agreed to pay $110 million to settle charges that it forced thousands of homeowners to purchase expensive property insurance in order to profit from kickbacks and commissions.
February 6 -
Housing boom-era mortgage securitizations, written off as "toxic waste" during the financial crisis, are performing better than investors once expected, thanks to the rebound in home prices.
February 6 -
The appraisal industry has seen many changes within the past few years, and with greater oversight and scrutiny coming from every directionappraisers are under the microscope.
February 6 -
First American Financial Corp. signed a definitive agreement to acquire Interthinx for $155 million from its parent company, Verisk Analytics.
February 6 -
Fannie Mae and Freddie Mac are not properly using a web portal developed to collect and screen appraisal information in order to minimize losses, according to an audit released Thursday.
February 6 -
Modified loans represent a potentially volatile portfolio that could become increasingly unstable over the next several years as loan modifications begin to reset.
February 5 -
A Connecticut man has been sentenced to 18 months in federal prison for his role in a mortgage fraud scheme that cost financial institutions millions of dollars.
February 5 -
Plucky mortgage bankers and brokers across the country are betting they can address the needs of the purchase market better than their cost-conscious competition.
February 5











