Compliance

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.

No one knows how many borrowers have ended up in foreclosure as a result of the continued use of dual tracking.

In this segment of a roundtable discussion from the 2013 Mortgage Bankers Association’s National Fraud Issues Conference, the panelists explain how a closing agent is now doing a vendors job verifying the information that is submitted on a loan application.

Residential Capital will ask a judge today to approve a $2.1 billion deal with its parent Ally Financial Inc. before unveiling a report into the disputes they settled.

After including new issuance the so-called serious delinquency rate is at 8.2%.

Freddie Mac is preparing to market mortgage securities that will share with investors the risk homeowners don’t repay their government-backed loans, according to a person with knowledge of the plans.

The Miami Beach home of Centrust’s former chairman David Paul was sold for $30 million.

Last November, Lorraine Brown pleaded guilty to conspiracy to commit mail and wire fraud. In May, she was sentenced to a 40-month prison term on a racketeering charge in a robo-signing case in Michigan.

Banks face a looming financial risk from home equity loans, an international ratings agency is warning.

We're hearing a lot about underwriting loosening a bit in the residential mortgage world.

Sen. Elizabeth Warren is turning up the heat on the Federal Home Loan Banks for offering cheap financing to private student loan provider Sallie Mae.