Compliance

The downgrades indicate that the bonds have incurred a principal write-down or are interest-only classes that have a notional balance off of a class that incurred a principal write-down, according to the company.

Expecting the same employees who have been doing refis the past two years to start doing purchase mortgages well may be unrealistic.

Real estate appraisal services provider IRR-Residential, in the wake of a restructuring and spin-off from Integra Realty Resources, has changed its name to Accurity Valuation.

A growing scarcity of well-located finished lots for builders could temporarily put a damper on new home construction momentum, according to a Fitch report.

Under the three-year mortgage initiative, borrowers can receive an equity loan of up to 20% of the value of a new home, which is payable once the home is sold.

Multiple bankruptcies suffered by various developers who have tried to fashion something out of the Ritter Ranch property over the years have resulted in an incomplete infrastructure and a long list of bond default notices.

In July of 2010 a Mr. Johnson-El recorded an Affidavit of “Allodial Title” with the Wayne County Register of Deeds against a certain residential home.

Melanie Feliciano, the chief legal officer at DocMagic, spoke on a panel with Roger Fendelman of Interthinx about vendor management and technology changes resulting from the Dodd-Frank rules.

Despite high unemployment, the recovery in the housing market has created a shortage of carpenters, framers, roofers, and plumbers, according to the National Association of Home Builders.

According to new Census data, home equity losses due to the foreclosure crisis took a toll on household wealth and pushed older Americans deeper in debt.

Data show the link between energy-efficient homes and mortgage default risk is not just a plausible, economically sound theory.

Director Richard Cordray recently suggested that the actions of debt collectors, credit reporting agencies and mortgage servicers—and banks' ties to them—merit extra regulatory scrutiny because consumers are at their mercy.

Recent data suggest legislators may have to start considering the pros and cons of expanding the Home Affordable Refinance Program so it includes private-label loans.

A JPMorgan Chase & Co. unit reached a $100 million settlement with liquidators of MF Global Inc., paving the way for the return of money to creditors and clients of the failed brokerage.

Government-owned Freddie Mac accuses the banks of acting collectively to hold down the U.S. dollar Libor to "hide their institutions' financial problems and boost their profits."

Credit Suisse Group AG, Switzerland’s second-biggest bank, was sued by a clearinghouse for German cooperative banks over $138 million in residential mortgage-backed securities.

Walter Investment Management Corp. executives who made headlines for aggressively pursuing large pools of mortgage servicing rights over the past few years plan to remain equally active.

Several industry solution providers have led the pack in advancing the quality and availability of mortgage data, analytics and compliance.

Citigroup is among the Wall Street firms still dealing with the fallout from the financial crisis, when the bank almost collapsed amid losses tied to subprime mortgages and took a $45 billion bailout.

A jump in the mortgage industry employment rate is one of the signs indicating more recruiting will take place due to the recovery.