Compliance

Credit Suisse Group AG was sued in New York over $359 million worth of residential mortgage-backed securities by an entity that manages distressed debt.

As the last day of hearings on the $8.5 billion Countrywide settlement closed without a conclusion, analysts warned investors’ wait for payouts could be much longer.

At 4.32%, the weekly survey average for the 30-year rate is the lowest it has been since the week ending July 25, according to Freddie Mac.

Sometimes the best buyers turn out to be sellers.

Forecasting the future of Fannie Mae and Freddie Mac is always a tricky business.

The Department of Housing and Urban Development has awarded $38.3 million in grants to fair housing organizations.

You’d need a Shakespeare to do justice to the struggle over LO compensation.

The NFHA has decided to amend its original complaint because the ongoing investigation found five more cities that have housing discrimination characteristics which violate the Fair Housing Act.

Goldman Sachs Group, JPMorgan Chase and billionaire George Soros are poised for gains from a housing bet placed in the depths of the financial crisis.

Two men from Tucson, Ariz., were sentenced to federal prison for their roles in a mortgage fraud scheme that resulted in lenders losing at least $3.1 million.

Lax mortgage standards and an unhealthy amount of risk taken by financial institutions and other market participants led to an economy that was not rooted in reality.

The Consumer Financial Protection Bureau is hardly an inscrutable agency.

A CoreLogic report revealed that fraud risk among mortgage applications is down nationwide in the second quarter.

Providing incomplete information can mean heavy fines or worse, making it crucial for mortgage companies to have proper compliance technology in place.

We're hearing the re-emergence of some pre-crisis features in post-crisis jumbo securities is not necessarily a bad thing but investors should be aware of their risks.

Wells Fargo persuaded a U.S. judge to dismiss some claims against it in a lawsuit by the federal government accusing the lender of home mortgage fraud because they were filed too late.

Banks can expect changes to federal reporting requirements for mortgage data, according to the head of the Consumer Financial Protection Bureau.

Kenneth Tebbs has been sentenced to 78 months in prison after pleading guilty to one count of wire fraud in connection with a real estate investment scheme.

One mortgage executive pointed out that a complaint about a mortgage or servicing is a lot more personal than the standard banking complaint.

Keep Your Home California launched an online Servicer Scorecard that allows distressed borrowers to monitor how their mortgage servicer is working with the state-run program to avoid foreclosure.