Compliance

The California National Mortgage Settlement Grant Program will provide $9.4 million to 21 organizations to assist state residents affected by the foreclosure crisis.

Technology and education are two components helping Realtors, consumers, and servicers complete more short sales now compared to years ago.

Fitch Ratings is urging publicly traded homebuilders to exercise restraint in grabbing up land for future development.

Fifth Third Mortgage Co. continues to outpace the national average conversion rate of Home Affordable Modification Program loans into permanent modifications.

According to the Visa Inc. global Financial Literacy Barometer, U.S. women rank fourth after Brazil, Australia and Mexico, the top three most financially literate women in the world.

While the Senate Banking Committee has clearly reached consensus on the need for mortgage finance reform, the process remains at a standstill beyond that.

The default legal services firm Clunk, Hoose & Associates announced that it has opened a new office to serve clients in the South Florida market.

Home Loan Servicing Solutions reported net income of $24.8 million in the first quarter.

The New York Department of Financial Services has entered into a second settlement with an insurer over force-placed underwriting practices.

Ally Bank has completed the sales of $115 billion in unpaid principal balance of agency mortgage servicing rights to Ocwen Financial and Quicken Loans.

Democratic lawmakers raised numerous concerns over the mortgage servicer settlement announced in January, including how banks are credited for relief they provide to borrowers.

Private mortgage insurance companies may have to meet new standards set by the Federal Housing Finance Agency if they are going to continue to insure loans guaranteed by Fannie Mae and Freddie Mac.

Federal Reserve Gov. Elizabeth Duke said the U.S. economy is strengthening as credit conditions improve in most areas except the mortgage market.

Bank of America has agreed to settle with investors who alleged that Countrywide misled them about mortgage-backed securities sales.

Xerox has restructured its signature lending platform to facilitate data exchanges between lenders, servicers, investors and third parties.

From smartphones and tablets to social networking, technology infiltrated the way we live so immensely it is hard to imagine not having them constantly at our fingertips.

It would almost seem reasonable for large banks to first extend the Home Affordable Refinance Program to those most at-risk, but many still need help.

A real estate investor has entered a guilty plea related to his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.

Regulatory change is taking increasingly bigger bites out of community bank lenders' bottom lines.