Compliance

The Department of Housing and Urban Development has approved a $1.7 billion investment plan designed to assist Hurricane Sandy victims in New York State.

There are at least 50 different credit score models around.

Mortgage Guaranty Insurance Corp. has entered into separate settlement agreements with Bank of America and Countrywide Home Loans that settle the dispute over its rescission and denial policies.

Citigroup hopes to capture a larger share of the home loan market by helping borrowers pay off their mortgages faster.

New York Gov. Andrew Cuomo is calling on the credit scoring and reporting agencies “to stop the lowering of credit scores” for Hurricane Sandy victims.

As housing markets continue to stabilize across the country with rising home prices and inventories shrinking in these cities, this ultimately leads to the possibility for a higher potential of mortgage fraud.

Aligning key mortgage servicing indicators and best practices with the Customer Financial Protection Bureau guidelines is a win-win for servicers.

Just like your mortgage payment and real estate taxes, condo charges must be paid.

A new advertising campaign is targeting New York’s struggling homeowners who may be unaware of the $60 million available to provide them free counseling and legal assistance.

Often ignored is what the cost of additional oversight under the Consumer Financial Protection Bureau means to the consumer.

A new Fannie Mae report suggests many previously underwater borrowers’ equity is rising back to levels more in line with their mortgages.

The Washington metropolitan area will see average rents decrease as much as 2%, making it the only market other than Detroit to have a drop among the top 20 U.S. cities.

Wells Fargo's shareholders have rejected a proposal that would have directed the company to review whether its mortgage servicing and foreclosure practices violate anti-discriminatory laws.

Despite its rapid growth and healthy economy, Houston has some problems more commonly found in Rust Belt cities, particularly abandoned or substandard housing.

Hundreds of thousands of homes are being withheld from the market, raising questions about whether the recent run-up in housing prices is artificial.

Recovering from natural disasters can often be very difficult not only for families and communities, but servicers, too.

MortgageKeeper Referral Services has added resources to aid homeowners in case of natural disaster.

Increasing home values will have only a limited benefit for residential mortgage-backed securities loss severities.

We're hearing both lenders and investors should make sure not to let their guard down.

With federal and state regulation changes being made at the "speed of light" within the mortgage industry, compliance is the main concern for servicers.