Compliance

Raj Date estimates that nonqualified mortgages make up as much as $1.5 trillion of the $10 trillion home-loan market.

Fay Servicing has developed an employee training program that focuses on borrower management skills and teaches new hires how to foster close relationships with mortgage borrowers.

Travis Armstrong has high credit score, but because he owes more than his home is worth and has a private-label loan, he’s stuck paying 7.5% interest.

Flagstar Bancorp plans to shift the focus of its mortgage servicing business to performing servicing assets and outsource its noncore default servicing business.

Rising home prices, fewer delinquencies and a dearth of claims by large bank lenders are helping improve the financial health of the Federal Housing Administration.

Standard &Poor's said statements about the integrity of its ratings are "puffery" that cannot be a basis for the fraud lawsuit.

Sergio Benitez, a real estate developer of affordable housing projects for the New York City Department of Housing Preservation and Development, was sentenced to a 22-month prison term for wire fraud.

Regulators have begun a push to significantly limit, and in some cases completely eliminate, the use of automated valuation tools in property valuation efforts.

Freddie Mac plans to sell $400 million of a new type of debt tied to the risk that homeowners will fail to repay mortgages.

So far this year, 619,263 homeowners who are at-risk of foreclosure have been assisted through the platform, which represents a 51% increase over the same time period a year ago.

At issue is whether NCUA waited too long to satisfy the three-year federal statute of limitations on civil claims of securities violations for sales that occurred as long as six and seven years before the suits were filed.

Higher fees charged by Fannie Mae and Freddie Mac to bring private capital back in the mortgage market might actually backfire by reducing borrower demand for home loans.

Terri Lynn Johnson’s plea was related to a $576,000 mortgage fraud and embezzlement scheme at the title company where she worked.

Credit Suisse First Boston Mortgage Securities Corp. had three classes of its commercial mortgage pass-through certificates series 2002-CP5 downgraded by Fitch Ratings.

Proper education and financial planning advice could provide other, possibly more suitable options for seniors.

The Federal Bureau Investigation and the Internet Crime Complaint Center is warning individuals to be cautious when posting rental properties and real estate online.

In order to succeed in real estate owned sales, an individual has to constantly be able to change to adapt to market conditions.

A federal court dismissed a suit brought by NCUA against Barclays Capital for the sale of $555 million of faulty mortgage-backed securities to U.S. Central FCU and WesCorp FCU.

Rust Consulting is almost done delivering compensation checks to borrowers whose homes were illegally foreclosed upon in 2009 and 2010 by 13 of the country’s largest servicers.

ISGN CEO Ritesh Idnani explains how outsourcing fits into mortgage lending and servicing operations.