Compliance

The total balance of first-mortgage loans 90 days past due or in foreclosure was $325 billion in June.

Ocwen is close to reaching a settlement with federal regulators and it appears the giant servicer will agree to make cash payments to borrowers who were harmed during the foreclosure process.

Legislation to reform the Federal Housing Administration sailed through the Senate on Wednesday, but the bill's future remains up in the air as Congress prepares to break for the August recess on Friday.

National Mortgage Insurance Corp. has agreed to insure about $5 billion in residential mortgages in its first risk transfer transaction with Fannie Mae.

A comparative TransUnion study revealed that consumers’ credit card payment habits and lending risk mirror attitudes towards mortgages and auto loans.

Ally Financial said its second-quarter loss widened on costs from a mortgage settlement and higher provisions for soured car loans.

DataQuick has developed an advanced title analysis tool that enables users to better understand market changes and adjust their business strategies accordingly.

A federal appeals court has directed NCUA and Barclays Capital to negotiate a possible settlement of claims in the corporate credit union crisis.

As a result of this scam, the loan funding companies lost nearly $1.3 million.

With mortgage rates dipping to all-time lows over the past couple of years, homebuyers had no choice but to become spoiled. Unfortunately, nothing good lasts forever.

We're hearing that it hasn’t been easy to be a real estate investment trust mortgage-backed securities investor recently.

Some wild and crazy letters of explanation from consumers to originators about having bad credit.

Nationstar Mortgage Holdings was sued for failing to complete a $150 million sale of residential mortgage loans it offered at auction.

The Federal Bureau of Investigation arrested a former California mortgage broker earlier this month at his home for a violation of bank fraud.

Richmond, Calif., is the first city in the nation to try eminent domain as a way to stop foreclosures.

Stonegate Mortgage Corp. has opened a new branch in Brandon, Fla.

The U.S. homeownership rate, which soared to a record high 69.2% in 2004, is back where it was two decades ago, before the housing bubble inflated and ripped more than 7 million Americans from their homes.

The Tax Foundation's economic model finds that after the effects of wiping out the mortgage deduction are fully phased in, the economy would shrink by $254 billion.

Due process is an integral piece of each failed transaction.

A recent settlement that also orders mortgage debt collection procedure changes may give another boost to already intense federal efforts to prevent unlawful practices and change the industry.