Compliance

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.

When Wolters Kluwer asked bankers recently which regulatory concerns keep them up at night, 46% said "regulatory reform"—referring to new rules stemming from the Dodd-Frank Act and the Consumer Financial Protection Bureau.

The chief executive officer of Spurs Capital is quite passionate about the Home Affordable Modification Program.

As the new GSE regulator, Rep. Mel Watt would support the Federal Housing Finance Agency’s initiative to create a single securitization platform.

Consumers in most major U.S. metropolitan areas continued to reduce their total debt in the first quarter of 2013.

New York will use up to $20 million in mortgage settlement funds to rebuild and restore neighborhoods that are still struggling with blight and large inventories of vacant properties.

Issuers are adding another layer of protection at a time when lawmakers are examining how to wind down Fannie Mae and Freddie Mac and bring private capital back into the mortgage market.

Educational efforts that focus on helping home seekers understand all of their housing options are not limited to the National Homeownership Month in June.

During 2008 and 2009, a contractor who worked on several HPD construction projects paid Adorno $100,000 to obtain additional work from the city agency.

The Consumer Financial Protection Bureau has advised banks and other financial companies how to respond to an investigation to minimize the risk of punishment.

New findings reiterate the need for expanded access to financial coaching services that result in greater overall economic stability for low- to moderate-income families and the country at large.