Compliance

New tool helps lenders meet regulatory expectations and build a unique settlement agent list updated with real time risk status.

Jesse Litvak asked a U.S. District Judge to bar the government from introducing evidence about pay at his trial set to begin next month.

There ought to be some flexibility to allow negotiated loan fees. But in these highly regulated days, nothing is easy.

A steep drop in refinances and declining purchase activity are taking a toll on Federal Housing Administration endorsements.

A floating-rate loan on the Fountainebleau Miami Beach backs the single-asset commercial mortgage-backed securities deal, according to a Standard & Poor’s presale report.

If current trends persist, the delinquency rate of securitized commercial mortgage loans could fall another two percentage points to below 4% by December 2014, according to Fitch Ratings.

FCI Lender Services' Gordon Albrecht has long focused on areas mainstream players eschew, and right now he is helping servicers manage liabilities and costs intensified by Jan. 10's regulatory deadline.

Loan officers won’t be looking for leads as much as sophisticated technological support and the tools needed to be successful from their lenders.

Thomas Provenzano, foreclosure, Department of Justice

The unit is being created to help servicers comply with the Consumer Financial Protection Bureau’s new mandates.

The qualified mortgage rule, reduced refi activity and ongoing commoditization are forcing smaller institutions to take a hard look at exiting the mortgage origination business.

Americans flush with cash as they regain equity in their homes are spending more after years of pinching pennies.

Back in the 1990s when Ed Fay graduated from business school, his goal was not to own a mortgage company, or to be the boss. Then the mortgage crisis started.

Fear of missing opportunities while the market is near its bottom will drive purchases as the Federal Reserve slowly ends the quantitative easing that puts downward pressure on rates.

Fannie Mae/Freddie Mac and Ginnie Mae investment vehicles averaged returns of about -1% to -3% over the course of the year when Federal Reserve policy and long-term rate trends changed.

Rising house prices are making it easier for second-lien borrowers to refinance.

The Prestwick Mortgage Group offering of the servicing rights on mortgage loans with an unpaid principal balance of $187 million is getting closer to deadline.

The PGA Design Center in Palm Beach Gardens, Fla., which backs a securitized $30 million mortgage sold for only $5.6 million, according to local media reports.

The bank is training the group as a way to increase lending without losing control of quality, according to Brad Blackwell, head of portfolio lending for the San Francisco-based lender.

Through December, 31% of residential properties in the foreclosure process now have some equity.