Compliance

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."

Three default and fraud risk management veterans have established PointPredictive, a new firm that ties business and science to provide target technology solutions.

Richard Cordray, the Consumer Financial Protection Bureau's normally unflappable director, reacted angrily Tuesday to suggestions by lawmakers that he and his agency do not care about borrowers who purchase manufactured housing.

Many are automating initial disclosures and using technology to standardize companies' takes on compliance until industrywide standards evolve. Interest in electronically archiving the rationale behind data changes also is growing.

James Webb promised investors "quick, large and safe financial gains" by investing money with him to purchase, renovate and resell properties to first-time homebuyers for approximately $65,000 each.

Sales of bonds tied to commercial property loans doubled to $80 billion last year, and are poised to reach $100 billion this year.

The criminal and civil investigation arose in late 2011 when the investment bank terminated a mortgage-backed securities trader who was indicted in January of last year.

The government-sponsored enterprise is keeping a running list of appraisers that it views as shady and is warning banks and mortgage lenders to be careful about doing business with them.

The Dallas center provides a U.S. presence for SLK’s mortgage and title insurance services and serves as a business continuity option for operations managed from India.

The global and national economy, a spooked stock market, Federal Reserve activity and unemployment are a few issues that could determine whether investors continue buying housing units.

The Denver-based commercial real estate firm also is receiving an equity investment from Soundview.

The provision includes about $3.5 billion for lawsuits and fines tied mostly to the sale of $91 billion of mortgage-backed securities from 2005 to 2007.