Compliance

For the first time since 1996 the number of suspicious activity reports filed by depository institutions that identified possible mortgage loan fraud experienced a year-over-year decline.

Congressional use of guarantee fees to fill funding gaps could cause more Federal Housing Administration loans to be originated, some worry.

TransUnion data show the national delinquency rate hit its “first major decline” since the crisis dropping to 4.56% in the first quarter, but it is not clear whether improvements will last.

The Appraiser Independence Requirements and its precursor, the Home Valuation Code of Conduct, changed the process for lenders ordering appraisals.

The Consumer Financial Protection Bureau has incorporated feedback from the industry and customer groups in the final changes to the remittance transfer rule.

Fannie Mae and KPMG LLP agreed to pay $153 million to settle an eight-year-old investor class action.

We're hearing at the MBA’s secondary market conference that with many housing finance indicators and forecasts suggesting a downshift in refinancing and a modest pickup in purchases on the way, market participants do not want to be caught unprepared.

The April Clear Capital Home Data Index shows home price gains in “stark contrast” to the 1.4% home price declines of April 2012.

Bound by law in two different ways: the expectation to comply with the new mortgage servicing rules and investor demands, mortgage servicers still are navigating through the regulatory changes.

A Las Vegas mortgage agent was sentenced to serve 15 months in prison for participating in a fraud scheme that generated more than $1.2 million in fraudulent mortgage loans.

More than a year after attorneys general in nearly every state agreed to a $25 billion deal with the five biggest servicers several officials and housing advocates are crying foul over how banks are complying.

In the modern world, paper documents are an obstacle between servicers and their own potential competitiveness.

Genworth U.S. Mortgage Insurance's CEO said private mortgage insurance is currently very competitive with the Federal Housing Administration.

Demand for prime purchase mortgages picked up over the past three months and a few banks relaxed their credit standards.

A recent sheriff sale in New Jersey indicates distressed property sale prices are the new residential property value metric in hard-hit areas with large inventories.

A common securitization platform is under full scale development and should be ready for significant testing by next year.

JPMorgan and Credit Suisse said New York was relying on recycled claims from private lawsuits.

Thomas Marano is leaving the chief executive officer’s post at Ally Financial Inc.’s bankrupt Residential Capital mortgage unit.

When you speak to servicers nowadays, the number one concern many companies are battling right now is complying with new industry regulations.