Compliance

Despite the absence of precise data, it is well understood that the number of failed new home developments is significant.

A judge has ruled that Bank of America does not have to defend itself against a lawsuit filed by the Federal Deposit Insurance Corp. on behalf of a failed bank.

With the average time for lenders to repossess a housing unit up to a record 477 days nationwide, the fewest properties were foreclosed upon during the first quarter of 2013 in nearly six years.

Insiders are expressing renewed optimism for growth in real estate capital markets and commercial real estate fundamentals, even compared to expectations of just six months ago.

Regulation has created a window of investment opportunity in the current booming mortgage servicing rights market.

Wells Fargo has agreed to pay $850,000 to settle a class-action lawsuit that charges the company with docking workers' pay whenever they ran a credit check that did not result in a loan.

We're hearing some mortgage-backed securities risks may seem larger and draw more attention, but the so-called scrivener’s error should not be overlooked because of them.

Detroit has been on the decline for decades thanks to plummeting property values, lost jobs and crime.

The return to a purchase market will not be easy for many lenders.

The first challenge brought with new the Home Ownership and Equity Protection Act is that we are potentially stuck with a broker comp double-count rule.

The leader of a 15-year foreclosure rescue scam that fraudulently postponed foreclosure sales for more than 800 distressed homeowners pleaded guilty to aggravated identity theft and bankruptcy fraud.

Fitch finds many home equity transactions are now showing some relative improvement due in part to housing market recovery.

Before a lender can file for foreclosure, the State of Nevada requires mediation between the lender and the borrower.

Major banks involved in the bollixed foreclosure review program will finally be sending checks to borrowers who were harmed by their servicing practices.

More banks need to have the ability to quickly execute and synthesize “what-if” results to be in a better position to defend their capital plans.

President Obama's budget that is slated for release Wednesday morning is unlikely to include a funding request for the Federal Housing Administration single-family program.

redit unions need to capture as many purchase mortgages as possible because the long-running refinance boom is winding down.

An Ernst Publishing Co. survey shows the mortgage lending industry’s use of mobile technologies is lagging behind other financial services.

QuestSoft's fifth annual compliance survey reaffirms compliance requirements that have kept lenders up at night for three years in a row will continue to be a high concern at least until January 2014.

Genpact Limited has released its next generation of applications from its Quantum technology platform.