Compliance

The claims are part of a suit seeking $629 million in damages from RBS Securities and several mortgage originators.

We're hearing from the U.S. Court of Appeals, Seventh Circuit, where not one but two cases involving the same Wisconsin mortgage broker were decided.

The country's largest trade group is challenging possible plans by the Federal Housing Finance Agency to arbitrarily lower the conforming loan limit in an attempt to bring private capital back to the mortgage market.

The man who operated one of the largest bank frauds in Virginia’s history that affected borrowers, employees, investors and the nearby community has been sentenced to 17 years in federal prison.

We're hearing that in the wake of the rate volatility seen this year, technology advances have made pipeline risk easier to manage when it comes to placing loans in the secondary market.

Given the severe global impact attributable to the mortgage crisis, careful thought regarding the leading risk factors is valuable.

Lawmakers are beginning to look more closely at the impact of a hike in federal flood insurance premiums set to go into effect next month, which some bankers warn could topple the still weakened real estate market in certain regions.

An executive with Residential Finance Corp. has confirmed that the company has closed an operations center in Charlotte.

USA Mortgage/DAS Acquisition finds purchases are filling in the gap as rates have risen and refinances have dwindled in lines with national trends.

Private-equity firms and hedge funds are increasing their control of the rights to collect America’s monthly mortgage payments, an almost $10 trillion market that banks are retreating from amid looming regulations.

Freddie Mac is extending mortgage relief policies to Colorado homeowners whose properties were damaged or destroyed due to the recent flooding in the area.

The operators of a national online foreclosure rescue scam that deceived hundreds of distressed homeowners into surrendering their properties to the company have been sentenced.

The scheme allegedly has victimized more than a thousand homeowners, who have paid in excess of $3.4 million.

The Federal Deposit Insurance Corp. has filed more lawsuits against the directors and officers of failed financial institutions in 2013 than in any year since the recession.

Comptroller of the Currency Thomas Curry strongly supported an accounting proposal on Monday that may force banks to increase reserves based on predictions of credit losses in addition to looking at past performance.

We're hearing that a rising tide of new construction doesn’t have lenders worrying about a bubble in apartment building values...yet.

The estate for U.S. Mortgage Corp. and its CU National Mortgage subsidiary paid 26 credit unions and Fannie Mae an initial distribution of $8 million last week.

The Chicago Federal Home Loan Bank seems to be continually looking for ways to expand its mortgage conduit program so member banks, thrifts and credit unions will have broader access to the secondary market.

Former Rep. Barney Frank criticized regulators' latest effort to craft an exemption for proposed risk retention requirements, warning it was overly broad.

The deal would end FGIC’s attempt to collect as much as $5.5 billion the bond insurer claimed it was owed by ResCap and two related entities.