Compliance

A group of homeowners who sued the Wells Fargo and the real estate firm Long & Foster failed to prove that Wells Fargo funneled referral fees to Long & Foster, a Maryland jury found

Sen. Elizabeth Warren is taking the Federal Housing Finance Agency to task, criticizing the conservator of Fannie Mae and Freddie Mac for opposing short sale deals designed to keep original borrowers in their homes.

McGraw Hill Financial Inc. and its Standard & Poor’s unit won a bid to move to federal court in New York lawsuits filed by 14 states and the District of Columbia accusing the companies of inflating mortgage-backed securities ratings.

The asking prices on homes for sale have risen 9.5% on a year-over-year basis for May, according to the Trulia Price Monitor.

Yields on Fannie Mae and Freddie Mac mortgage bonds that guide U.S. home-loan rates approached a 14-month high as May employment data failed to allay concern that the Federal Reserve will pare back its unprecedented stimulus.

We're hearing that lenders are only going to make qualified mortgages that meet the ability-to-repay underwriting standards mandated by the Consumer Financial Protection Bureau.

In today’s competitive environment, efficiency is everything. In short, the days of paper-based processes are quickly coming to an end.

The Chicago office towers One & Two Prudential Plaza have received a hope note modification made possible by a $75 million new equity investment.

Jerry Kerley was sentenced in the Eastern District of Tennessee to serve four years in prison for wire fraud, bank fraud, and money laundering all stemming from a mortgage fraud scheme.

Lawmakers have not lifted a finger to give the Federal Housing Administration the authority to regulate its Home Equity Conversion Mortgage program via mortgagee letters.

One poster is asking the bulletin board’s participants for their opinions on what is the best occupancy verification tool for an originator to use.

According to the Appraisal Institute, the Sensible Accounting to Value Energy Act of 2013 will ultimately help improve the mortgage underwriting process.

The Scottsdale, Ariz.-based landlord, which began buying foreclosed homes and converting them into rentals last year, had planned to raise as much as $260 million in an IPO this week.

With the housing market recovering, Wells Fargo plans to ramp up the marketing of a credit card that allows customers to use reward points to pay down their mortgage.

One company sold a package of fixed-rate and agency-backed MBS. It then parked the proceeds into variable-rate mortgage securities.

Inherent market risks are not stopping real estate owners from choosing to operate as niche real estate investment trusts, according to Fitch Ratings.

A Somerset County, N.J., man faces 108 months in prison for his role in defrauding victims of an investment scheme.

Envoy Mortgage, currently engaged in enhancing and restructuring its mortgage banking capabilities, is choosing in-house servicing over subservicing.

Customer advocacy groups recently targeted Bank of America and JPMorgan Chase headquarters during annual shareholder board meetings to protest against mortgage lending discrimination and abusive foreclosure practices.

Federal Housing Administration officials tried to conceal an analysis showing FHA could face a $115 billion shortfall, a letter from a lawmaker shows.