Compliance

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.

The Chubb Group of Insurance Companies has developed a solution for smaller-size businesses for which cyber-crime-related data breaches are as challenging as prevention costs.

Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, said Tuesday that she is preparing to unveil an alternative housing finance reform proposal to rival more conservative legislation backed by many House Republicans.

JPMorgan Chase is easing mortgage lending standards in housing markets hard hit by the crash where prices are surging.

We're hearing recent reform offers Home Equity Conversion Mortgages more hope.

Bill McBride of Calculated Risk finds the August Las Vegas housing market trends are offering the best window so far into whether the residential real estate inventory has bottomed.

Safeguard Properties is being sued by the state of Illinois alleging that the company violated the Consumer Fraud Act by illegally dispossessed occupants from their homes without proper jurisdiction.

The HUD Inspector General and Department of Justice officials are in settlement talks with some the largest Federal Housing Administration lenders.

One poster is seeking an answer from the Mortgage Grapevine community regarding investment property refinance guidelines.

The Massachusetts attorney general said that Barclays will pay $36.1 million to settle allegations that it financed, purchased and securitized residential loans during the subprime mortgage meltdown.

Wells Fargo will invest $11.4 million to help accelerate the economic recovery through neighborhood improvement projects in 25 cities affected by the foreclosure crisis.