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Demand for valuation analytics lead LoanLogics and Platinum Data Solutions into a partnership that links loan performance reporting to collateral valuation technology.
June 25 -
With delinquency rates declining and an increased number of loan modifications and refinances taking place nationwide, one of the burning questions for Realtors who specialize in selling bank-owned homes is whether it is the end of REO properties?
June 25 -
UDR Inc. and several of its affiliates engaged in a continuous pattern of discrimination against disabled individuals by designing multifamily public use buildings without those required accessibility features.
June 24 -
The U.S. Supreme Court has decided to review the legality of several recess appointments made by President Obama which has huge implications for the Consumer Financial Protection Bureau.
June 24 -
Mayor Michael Bloomberg's $20 billion storm-resistance plan for New York City consumes 430 pages.
June 24 -
According to CondoVultures, 139 high-rises are currently under construction or set to rise from the ashes of the South Florida condo fizzle of 2007.
June 24 -
Flagstar Bancorp will pay $105 million to settle allegations it misrepresented the quality of loans backing securities insured by Assured Guaranty.
June 24 -
After five years in conservatorship, Fannie Mae and Freddie Mac still use separate automated underwriting systems with different credit standards.
June 21 -
Federal Reserve chairman Ben Bernanke has given a little bit more guidance on where the Fed is headed with its plans for unwinding mortgage-backed securities purchases.
June 21 -
We're hearing more and more cities are flirting with the use of eminent domain to condemn mortgages and that is going to cause a lot of trouble for the HUD secretary.
June 21
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The Federal Deposit Insurance Corp. has charged nine former directors of Southern Community Bank in Fayetteville, Ga., with approving risky loans that later led to its collapse in 2009.
June 21 -
Juan Velez, 60, of Waterford, Conn., pleaded guilty Friday to one count of bank fraud stemming from a mortgage fraud scheme.
June 21 -
A U.S. House subcommittee has approved an appropriations bill that includes cuts to federal spending for public housing and transit.
June 21 -
Amherst Securities Group has brought on UBS veteran Chris McDowell as part of an effort to expand its commercial real estate finance business.
June 21 -
Moodys Investors Service has put on review for downgrade 1,079 tranches from 299 shifting interest/pro-rata U.S. residential mortgage-backed securities transactions that are reaching or getting closer to the end of their terms.
June 21 -
When Howard Bluver took over as CEO and director of Suffolk Bancorp, the bank had a total book value of $81 million in nonperforming loans.
June 21 -
Poor underwriting and even fraud have been involved in various participation schemes, including the failure of the Central States Mortgage CUSO.
June 21 -
The Federal Housing Administration is revising its scorecard for rating servicers on their loss mitigation efforts and the agency is seeking one last round of comments on the changes.
June 21 -
Pacific Investment Management Co. sees value in European commercial mortgage-backed securities on signs of a lending recovery
June 20 -
Lenders are waiting for the Consumer Financial Protection Bureau to agree on a residual income test that will be critical in the origination of rebuttable presumption QM loans.
June 20









