Compliance

Radian's new mortgage insurance written was down 21% year-over-year, but credit quality improved.

McGraw Hill Financial Inc.'s Standard & Poor's unit asked a judge to throw out California's claims the company violated false-advertising and business practices laws in rating mortgage-backed securities as the state seeks an award of at least $3 billion.

Lynn E. Szymoniak, famous for helping to uncover the robo-signing scandal, is now suing 22 companies for allegedly creating fraudulent documents and submitting tens of thousands of false claims to HUD.

The GSE’s first STACR transaction of 2014 seeks to offload the risk of a $31 billion mortgage pool with comparable credit scores but higher loan-to-value ratios than in recent securitizations.

American International Group and other objectors to Bank of America Corp.'s $8.5 billion settlement with mortgage-bond investors including BlackRock asked a judge to delay entry of a ruling approving the pact.

JPMorgan Chase will pay $614 million to settle claims it improperly approved Federal Housing Administration and Veterans Affairs loans that weren't eligible for insurance from those agencies because they didn't meet underwriting requirements.

Republicans insist on making the debt-ridden insurance program actuarially sound.

K-deals transfer a portion of the mortgages' risk away from taxpayers and to private investors who purchase the unguaranteed subordinate bonds in transactions.

Morgan Stanley agreed to pay $1.25 billion to settle a U.S. regulator’s claims that the investment bank sold faulty mortgage-backed securities to Fannie Mae and Freddie Mac.

Profits from flipping houses surged last year, but if prices stabilize as expected, this activity could level off.

A lender promises to be “ready to close" loans within 15 business days of receiving an appraisal—a far cry from where the mortgage industry once imagined it was heading.

An executive says lenders can ease up now that putback risk has been reduced.

He also calls for a cut in fees for title policies, but no one can find where it is in the budget.

ALTA's guidelines have a number of implications for mortgage lenders.

Freddie Mac’s regulator capped its multifamily production at $26 billion last year.

The price the bank had to pay related to Countrywide mortgage fraud claims escalated over time, exemplifying the government’s willingness to seek draconian penalties against banks it deems acted intentionally.

Litigants had dropped some objections over the last two years given housing-related improvements in private-label residential mortgage-backed securities performance, according to a Fitch report.

A little-noticed charge taken by Regions Financial in the fourth quarter may portend that other banks have not been adequately reserving for modified home loans, known as troubled debt restructurings.

There's an elephant in the room amidst discussions on how to unwind Fannie Mae and Freddie Mac—the two government-sponsored enterprises are now making money hand over fist.

Hundreds of millions of dollars in mortgage-fraud settlements are providing a windfall to state attorneys general—and creating a new class of political winners and losers.