Compliance

The annual suspension will run from Dec. 18 through Jan. 3.

Earl Gross withheld over $8 million in loan payoffs that were due to Wells Fargo.

Without tax dollars and revenue for governments, which no one wants to pay, things would become quite messy.

Single-family rental securitization prospects look brighter to supporters who find the REO-to-rental trend has evolved enough to bode well for a new wave in 2014, but analysts warn of unique new investor risks.

There’s plenty of risk out there, with flash floods in the mountains, mudslides in California, wildfires and killer tornadoes.

Foreclosure filings continued to fall in November, due in large part to the fewest amount of homeowners starting the process since December 2005.

For many politicians, GSE reform is a shorthand term, which translates into their plan to shut down the government-sponsored enterprises in favor of an untested system of housing finance.

The Jacksonville, Fla.-based company will give the FDIC $24 million in cash and a $24 million promissory note to terminate loss-sharing agreements related to its Bank of Florida acquisition.

The firm has entered into a definitive agreement with an undisclosed national depository to acquire a pool of mortgage servicing rights backed by Fannie Mae.

A more mature bank-owned foreclosure-to-rental property market is attracting a different type of investor into this new reality and likely changing how business will be done in 2014, an insider says.

Violations related to third-party providers such as appraisal management companies can lead the Office of the Comptroller of the Currency to pursue enforcement actions and assess special fees against lenders.

Gov. Andrew Cuomo is proposing regulations that expand mortgage relief options available to homeowners who owe more than the current market value of their homes and share benefits with investors.

Standard & Poor’s expects the credit quality of new issue commercial mortgage bonds to deteriorate in 2014 as the result of increased competition among lenders.

The bank reduces servicing expenses by $1 billion per quarter.

More than 1,800 financially distressed homeowners lost a total of at least $12 million in fees they paid the Rodis Law Group and America’s Law Group.

Other businesses are doing away with them in favor of salaries but originators are reluctant to do the same.

A group of state regulators issued a paper calling on federal regulators to do a better job of exempting small banks from their regulations, including urging the CFPB to provide more exemptions for small banks to its qualified mortgage rule.

The new division among other things will offer services related to mergers and acquisitions, benchmarking reports, compliance, operational reviews, and leadership, management and organizational strategy.

Nationstar is bringing to market a $154-million-plus residential mortgage-backed securities deal backed by seasoned, nonconforming collateral, according to a Standard & Poor’s presale report.

This is the largest U.S. Countrywide MBS class-action settlement filed on behalf of investors, according to plaintiffs’ lead counsel.