Compliance

The portfolio also has an average loan size of $265,833 and is 100% first lien.

Right now, there are contradictory messages between servicers of what is compliant. Utilizing technology can help servicers remain compliant to all of the industry regulation in effect today.

The settlement is part of CEO Brian Moynihan’s efforts to resolve liabilities tied to faulty mortgages that have cost the company at least $50 billion since the financial crisis.

The pool has a relatively high concentration of 11 hotel properties securing close to 21% of the allocated loan balance.

Alaska is the last on a very short list of states that have digitized 100% of their real estate and land inventories.

The real estate investment trust recorded a consecutive-quarter earnings gain on Thursday that reflects slower prepayments in its agency adjustable-rate mortgage portfolio during the last three months of 2013.

The rebranded Arch Mortgage Insurance Co. is ready to start underwriting policies on loans from all originators, not just credit unions.

Chances that Congress will move this year to wind down or transform the GSEs are dimming as lawmakers confront a split among Senate Democrats and a change at the regulator of the mortgage finance companies.

Disparate impact alleged in Fair Housing Act complaints remains a high concern for mortgage originators as they enter the new era of the qualified mortgage.

Mortgage companies, including mortgage servicing and property preservation firms that invest in the wrong type of data drilling and search engine optimization tools, can be in big trouble.

Goldman must face fraud claims in a lawsuit filed by the Australian hedge fund Basis Capital Funds Management Ltd. over the sale of collateralized debt obligations.

Most mortgage-backed securities from the boom years are affected by a ruling that broadly places a statute of limitations on loan representations and warranties.

Countrywide is accused of selling defective mortgages to Fannie Mae and Freddie Mac.

When it comes to hosting your system in the cloud, there are many options, and most people incorrectly assume that all cloud solutions deliver the same results.

The Federal Housing Administration's reforms to the reverse mortgage program could reduce volume in this product by 20% this year.

The legislation is being driven by concerns implementation of the Biggert-Waters Act will reduce home sales and property values.

The mortgage lender denies the charges and an administrative judge will decide the case.

The Federal Reserve is sticking to its plan for a gradual withdrawal from departing chair Ben Bernanke’s unprecedented easing policy.

New rules the industry is contending with continue to be overwhelming and often unclear but there are still areas that some think need reform, recent reader comments suggest. It all adds up to depict a challenging mortgage business environment today that, as one reader puts it, "Ain't for sissies."

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