Compliance

Many coastal real estate markets are facing a wave of rising flood insurance costs that some fear could collapse property value and drive a new wave of foreclosures.

House Financial Services Committee chairman Jeb Hensarling is preparing to bring his housing finance reform bill to the House floor for a vote this fall.

Syncora Guarantee’s lawsuit accusing JPMorgan Chase unit Bear Stearns of making false and misleading statements connected with a mortgage-backed securities transaction was dismissed on appeal.

Findings from a recent online poll reveal that close to one-in-five consumers believe carrying debt from month-to-month is a responsible way to manage their finances, but a mortgage is not what they have in mind.

The properties acquired due to this scam went into foreclosure and resulted in significant losses to the lenders.

Fannie Mae has made significant progress in reviewing its legacy loans for possible repurchase requests and it expects to complete that review by the end of this year.

Prior to the expansion, only 156 U.S. counties were able to utilize this solution.

Ocwen and Nationstar, the nation’s top independent owners of mortgage servicing rights who share the same aggressive MSR purchase growth strategy, approach nonagency risk differently.

Senate Majority Leader Harry Reid's surprise criticism of President Obama’s plan to unwind Fannie Mae and Freddie Mac has upset the conventional wisdom surrounding housing finance reform.

Everyone is saying we need to get rid of the GSEs because they represent too much risk for the taxpayers.

The two executives in their motion seek to demonstrate that “the SEC’s remaining claims have no basis in fact."

The former executive director of a New Mexico Housing Authority and her husband each pleaded guilty to one count of conspiracy charges to commit theft from programs receiving federal funds and theft of government property.

Equifax has integrated its Point in Time and Spectrum Verification Service tools into its retro income verification platform designed to enable users to reduce mortgage loan repurchase requests.

Radian Group said its unit guaranteeing home loans may need additional capital if U.S.-backed housing finance companies tighten their demands.

President Obama’s administration significantly overstated statistics from a year-long mortgage-fraud initiative, including total number of victims, their losses suffered and number of individuals criminally charged.

For the first time in five years, policymakers appear to have a significant opportunity to enact broad housing finance reform.

Refinancings have fallen off the cliff and the mortgage industry is bracing for a decline in originations.

Following its aggressive mortgage servicing portfolio expansion, Walter Investment Management Corp.’s drastic $142.8 million annual net income increase in the second quarter was not much of a surprise.

We're hearing there is a growing consensus that Fannie Mae and Freddie Mac should be wound down and replaced with a new system that relies more on private capital than government guarantees.