Compliance

The recommendation that David Stern be disbarred follows a 17-count complaint filed by the state bar.

$500 billion to $1 trillion of loans will mature over the next few years that can be refinanced. But what roadblocks could stop a transaction from being completed?

The federal government’s role in mortgage finance must be addressed to determine if there’s a better way to originate, package and deliver loans to investors and attract new private capital into the marketplace, says Alan Bahr.

A Department of Justice investigation net thrown to catch bid rigging and fraud at public real estate foreclosure auctions in California has brought in a big catch to date.

The Netherlands’ planned sales of the bonds over the coming year could have consequences for the U.S. private-label mortgage-backed securities market.

Some policies only allow a one-year window to challenge claims decisions after an event has occurred.

Recent improvements in lending technology are having a strong impact on loss mitigation practices for lenders.

The industry is uncertain how regulators will enforce the new rules. Most lenders are shying away from non-QM lending for now. And if credit is tightened, what will the effect be on the economy?

Lenders may think they know enough about the dangers QM can bring. But there are other parts of the rule they are not focusing on yet that they should be concerned about.

The Federal Reserve in two adverse scenarios will gauge bank resilience against declines in the prices of high-risk, high-yield loans and debt and some high-priced real estate markets around the country.

Efforts to adjust to new market demands and comply with a heavily regulated mortgage lending marketplace involve anything from massive layoffs to speeding up loan processing automation.

The mortgage insurer is in settlement talks to resolve the dispute over Countrywide originations which have gone into default.

Another big law like Dodd-Frank could be harmful to the mortgage market, but an incremental approach to housing finance reform might be the perfect solution.

The FHFA is squeezing banks to repay losses that taxpayers were forced to cover because financial institutions sold faulty mortgage bonds to Fannie Mae and Freddie Mac.

The suit against Borders & Borders backs the author's opinion regarding these business arrangements.

The government-sponsored enterprise alleged that banks including Bank of America, JPMorgan Chase and Citigroup acted to suppress the rate.

It can be confusing when you share an acronym with a well-known agency in the same industry.

Trade groups urge agency to prove a “safe harbor” for all insured loans.

Lawyers for investors in Countrywide securities also ask to drop their objection.