Compliance

Even though many industry insiders say extending HARP is the right decision, there are some who believe even more needs to be done to the program so a greater amount of consumers can utilize it.

Sabal Financial Group is expanding its commercial mortgage-backed securities business with the launch of a transaction support services division called Sabal Commercial Advisors.

Especially markets hit hardest by the housing crisis are the most attractive options for REO-to-rental investors. But how can servicers and investors identify which markets will achieve the greatest ROI?

MFA Financial generated first-quarter income with per common share of 21 cents and net income to common shareholders of $75 million.

There is a lot of damage a disgruntled customer could make by airing their grievance through social media.

Findings from the inaugural TD Bank Mortgage Service Index show that compared to the general population lenders have failed to provide a satisfying homeownership experience to 43% of Hispanics.

Lenders still are looking for better ways to encourage borrowers to seek assistance and learn about homeownership.

Old Data is dead, long live New Data.

A bill aimed at speeding up the residential mortgage foreclosure process in Florida made it one step closer to becoming a law.

Bank of America asked a federal judge to dismiss a $1 billion fraud lawsuit filed by the U.S. alleging it sold defective residential mortgage loans to Fannie Mae and Freddie Mac that defaulted.

As the mortgage industry contemplates its future, it is time to also consult with housing counselors.

Since the economic downturn mortgage fraud has been a prevalent issue plaguing the housing industry for several years.

A dispute between a REIT, a healthcare corporation, two nonprofits and the Tennessee attorney general has been resolved resulting in approximately $40 million for charitable purposes within the state.

JPMorgan Chase, Washington Mutual and Citigroup were sued by Integer Program LLC over $301 million in losses from mortgage loans.

Morgan Stanley and WMC Mortgage Corp. were sued by Seagull Point LLC over $476 million in losses from securitized mortgage loans.

Worries over fraud, as well as the Consumer Financial Protection Bureau holding lenders responsible for the actions of the third parties they use, is what is behind programs to vet title agents.

In Mary Armstrong’s plea, she admitted that the straw buyers defaulted on the loans, resulting in lenders and secondary purchasers such as Fannie Mae and Freddie Mac to suffer losses of up to $20 million.

A Maryland mortgage broker pleaded guilty to conspiring to commit wire fraud in connection with two separate schemes that resulted in lenders losing over $2 million.

Major servicers sent a third wave of checks on Friday to borrowers who were harmed during the foreclosure process.