Compliance

Standard & Poor's Ratings Services said it raised its long-term issuer credit rating on District of Columbia Housing Finance Agency by one notch to A from A-minus.

A combination of improving payment behavior and decreasing delinquencies have brought some stability to the mortgage market, according to Equifax.

U.S. home-loan bonds without government backing tumbled last month to leave several types of the debt trading at their lowest prices of the year.

Some observers suspect regulators might punt on finalizing how banks should calculate their capital for residential mortgages, deferring on the issue.

We're hearing Hurricane Sandy is back in the news, with New York City unveiling an ambitious plan to beef up storm defenses and HUD announcing a design competition focusing on building more resilient structures.

House appropriators have voted to slash the budget of the Department of Housing and Urban Development.

The number of securitized U.S. commercial mortgage loans transferred into special servicing has dropped substantially at roughly 45% over the last year.

Besides DataQuick Information Systems, CoreLogic is buying the credit and flood services operations from DataQuick Lender Solutions.

How can the mortgage banking industry prepare, based on lessons from these previous storms, and protect themselves if and when this happens again?

Banco Popular de Puerto Rico completed the sale of a $438 million portfolio of nonperforming residential mortgage loans at a loss.

Roughly in step with other markets, structured finance pricing and issuance in June was governed by questions of how quickly the Federal Reserve would rein in its asset-buying spree.

Citigroup will continue servicing the covered loans and the agreement does not release the fourth largest U.S. servicer from servicing liability on those loans.

The former vice president of lending at Members Choice CU pleaded guilty to creating $340,000 of loans in unwitting members’ names that he used to pay his credit card bills, his taxes and for home improvements.

The Federal Deposit Insurance Corp. in May issued enforcement orders against eight banks and freed nine others from prior orders as part of a series of actions released Friday.

Lawsuits tied to the Truth in Lending Act are on the decline—but bankers would be wise to delay any celebration.

We're hearing the Corker-Warner GSE reform bill will really drive up the cost of plain-vanilla mortgages.

As much as it is a challenge, today subservicing is an opportunity many small-size servicers are rushing to embrace in a marketplace where the role of specialty servicer is being redefined.

Higher regulatory risks that are forcing many U.S. banks to sell their subprime mortgage servicing rights are throwing these assets into the lap of specialty servicing nonbanks.

The normal cyclical rise in interest rates is now emerging, said the chief economist at BNY Mellon, after being delayed by the financial crisis, recession and the Federal Reserve’s actions to hold down bond yields.