Compliance

Pricing engines are a tool that allows loan officers to give consumers a better understanding of what is being offered.

We're hearing the housing and mortgage industry can pat themselves on the back for their lobbying effort to block the PATH Act.

Has it been five years already? It has been five years since the federal government nationalized the mortgage industry by taking over Fannie Mae and Freddie Mac.

The continuous housing market recovery and the overall decline in inventory is pressuring down foreclosure sales across California.

Home equity loans are one type of loan product expected to pick up as refinances dwindle, according to an ISGN executive.

Moody's Investors Service has corrected and upgraded the ratings of three vintage securities backed by subprime mortgage loans that were issued by Novastar Mortgage Funding Trust from 2003 and 2004.

A property manager and a straw purchaser admitted to participating in a multimillion-dollar scheme that defrauded financial institutions by using phony documents and straw buyers to make illegal profits.

The top leaders of the Senate Banking Committee said they intend to reach a bipartisan agreement by yearend on a bill to revamp the mortgage finance system despite fears that the issue is losing momentum.

Mounting regulations—and legislation still to unfold—continue to cause an extraordinary amount of concern for servicers.

For the most part what we are hearing is aggravation for title underwriters relating to their title agents.

Analysts continue to address single-family foreclosure-to-rent properties as an emerging asset class, but there is consensus this segment of the REO market is on solid growth mode.

BlackRock, Pacific Investment Management, DoubleLine Capital and other bondholders are asking a court to block a proposal by Richmond, Calif., to seize underwater mortgages through eminent domain.

Although risk management has been divided into specialty areas such as quality assurance, quality control, vendor risk management or fraud prevention, many are transitioning toward a more holistic approach.

A credit risk specialist at the Office of the Comptroller of the Currency is warning banks to prepare for increasing losses on their home equity lines of credit over the next four years.

A mortgage fraud ring of professionals operating in Syracuse allegedly obtained more than $1 million from lenders while preying on first-time home buyers and taxpayers.

Bankers at the American Mortgage Conference this year are seeking answers about how to handle renewed volatility in the market.

The nation’s community bankers have “serious concerns” about the new National Flood Insurance Program slated to take effect next month.

The Richmond, Calif., City Council refused to shelve a plan to seize mortgages that exceed the value of their properties, which has spurred lawsuits by U.S. banks including Wells Fargo.

A former mortgage broker who had worked for a business in Beaverton, Ore., faces more than four years of prison time.