Compliance

This segment has some vitality after three of the top four buyers had pulled out starting last year.

PennyMac Mortgage Investment Trust’s board has declared a cash dividend for the fourth quarter of 2013 in a move that marks a change in policy.

The framework allows for a range of assets to be used as collateral for covered bonds, including residential mortgages, municipal bonds and mortgage bonds.

The Federal Housing Administration is handcuffed but Fannie Mae and Freddie Mac’s new regulator is expected to favor broader mortgage financing terms for borrowers.

The benchmark yield rose above 3% for the first time in three months before fluctuating as investors weighed the Fed’s decision last week to start cutting bond-buying in January.

Ocwen has a reputation for writing down principal of nonperforming mortgages faster than many bank servicers or its nonbank servicing peers.

The commercial mortgage banker will use the loan proceeds to pay off an $83 million facility from Bank of America.

The question triggers a whole array of responses. But after a five-year onslaught of new rules and enforcement, some see a brighter regulatory future for banks.

The agency already has hired 1,500 people, a number of which are enforcement attorneys.

The nonprofit gave away $1 million in grants in 2013 through its Dream Makers program.

Higher-margin products like policies for home purchases and commercial properties will take the sting out of doing fewer refinancings.

Many new issues are experiencing 10%-20% growth above their initial offering size, according to Fitch.

The deal brings in slightly more than the expected recovery from the bankruptcy estate.

Incoming FHFA director Mel Watt’s postponement of a g-fee increase may mean he is likely to favor expansion of credit over shrinking the GSEs.

Time to Accumulate MSRs? Better find a way to connect with your consumer first.

The ratings agency has downgraded $45 million in securities issued by Bank of America in 2005 and 2006 citing macroeconomic and servicing factors.

Steve Calk, chairman and CEO of the Federal Savings Bank and Chicago Bancorp, would make originations much simpler if he were a regulator.

Allstate filed similar suits in the same court against Bank of America’s Merrill Lynch unit, Citigroup, Goldman Sachs Group and Morgan Stanley.

The course of action you can take to help more consumers qualify for a mortgage.

Improvements in the internal control environment, investments in servicing technology and improved internal audit and Reg AB results led to the ratings changes, according to Fitch.