Compliance

It was being a working capital lender that led Fidelity Bank into the mortgage warehouse business in the late 1980s.

Federal Reserve Bank of Dallas president Richard Fisher said the central bank is closer to slowing $85 billion in monthly bond buying and warned investors not to rely on that stimulus.

HSBC Holdings said possible damages from a lawsuit filed by a U.S. regulator over improperly sold mortgage-backed securities could cost the bank as much as $1.6 billion.

We're hearing when economic times are hardest, the mortgage industry seems to become the most generous.

Dave Vida of LenderLive Network is one of many in the industry who does not see “anything too new in the loss mitigation space,” but recognizes it has been transformed by the foreclosure crisis.

AAA-rated junior classes in new commercial mortgage-backed securities transactions are getting thinner.

The desire to responsibly and successfully own a home is growing again within the hearts of families.

A Texas bank, 11 state attorneys general and a libertarian group are planning to continue their legal fight to overturn several sections of the Dodd-Frank Act.

Federal prosecutors in Cleveland filed papers Aug. 2 seeking to seize a home owned by Alex Spirikaitis, the fugitive CEO of Taupa Lithuanian CU.

Allstate’s 2011 lawsuit against Goldman Sachs over the alleged fraudulent sale of residential mortgage-backed securities has been discontinued.

James Cockinos was sentenced to one year in prison for his role in conspiring to commit bank fraud in order to secure a $1.48 million residential real estate loan.

Moody's Investors Service has downgraded four tranches issued by Bravo Mortgage Asset Trust 2006-1.

Fabrice Tourre, the former Goldman Sachs Group vice president on trial for his role in a failed $1 billion investment, was found liable on six of seven claims by a jury in Manhattan.

House Republicans are asking the Consumer Financial Protection Bureau for documents related to work on its qualified mortgage rule amid claims that former employees are seeking to profit from measures they helped write.

Bank of America Corp. said federal and state agencies plan to press more civil claims tied to mortgage and debt offerings.

The CFPB has issued a formal policy in which it encourages lenders to come forward and provides specific guidelines as to the extent of forgiveness.

One mortgage compliance expert compares rules enforcement to the construction of an automobile.

We're hearing from New York, known as the Empire State.

Analysts expect securitized commercial mortgage loans will be strong enough to shoulder interest rate increases at refinance when they come due in 2022 and 2023.

NCUA banned a former real estate appraiser used by Deere Harvester CU for filing false appraisals to allow members to refinance their home loans with the Davenport, Iowa, credit union.