Compliance

The record settlement has significant implications for the financial industry, but they may not be what casual observers expect.

The former chairman of the Mortgage Bankers Association will handle industry strategy for the risk management company.

Bonnie Kreamer admitted to arranging various real estate transactions for her own profit.

Dexia filed the suit in January 2012 over 29 residential mortgage-backed securities bought by its unit FSA Asset Management from Morgan Stanley for $626 million in 2006 and 2007.

RHS is slowly re-opening its single-family loan program that was closed during the government shutdown.

Investors' appetite for home loan guarantors is climbing as the U.S. property market rebounds at the fastest pace in seven years and the government retreats from backing mortgages.

Home Loan Servicing Solutions attributes a nearly 50% increase in the unpaid principal balance of its mortgage loan portfolio to completing the acquisition of Ocwen assets on July 1.

TDB is adding staff at a time when competitors are reducing their size.

Industry concerns about the proposed QM definition are now being bolstered by empirical evidence that confirms what many in the industry have suspected all along.

In finalizing the qualified mortgage rule, the CFPB carved out a special exemption for loans originated for state housing finance agencies.

The Atlanta-based company plans to cut 800 positions nationwide in response to diminished mortgage refinancing activity and overall market conditions.

Long-term rate-indicators dipped lower at the outset Thursday as a federal budget impasse that had put upward pressure on rates ended.

The economic recovery faces a challenge in January when new mortgage rules threaten to derail credit to prospective borrowers with blemished credit, industry insiders warn.

Investors want to permanently quash Richmond’s plans.

Another bank is right-sizing its residential mortgage lending unit as volumes drop.

Currently, two trends present significant challenges to the mortgage servicing industry unlike anything seen in recent history: longer foreclosure timelines and increasing regulatory scrutiny.

Residential and commercial real estate should benefit from improved conditions in the next couple of years.

A tiered compensation plan designed for a refinance market may not work well when purchases are the norm.

The credit union has agreed to dismiss claims that Barclays filled the CDO with junk, hastening the demise of the one-time $2.4 billion credit union.

Rising interest rates and the budget battle in Washington are discouraging builders.