Compliance

A distressed $410 million loan on One & Two Prudential Plaza is facing an appraisal-related downgrade that implies additional losses.

A joint survey conducted by the Department of Housing and Urban Development and Census Bureau found that approximately 20% of American households live in multifamily rental buildings.

More than 20 companies are forming a securitization organization.

The Federal Reserve Board said Thursday it would approve the capital plans of 16 of the 18 largest banks, rejecting proposals by Ally Financial and BB&T.

Foreclosure protesters interrupted Wells Fargo CEO John Stumpf at a banking conference.

Paul Tomko has chutzpah for committing mortgage fraud while working as an FBI informant.

Housing experts are warning legislators about the unintended consequences of a narrow qualified residential mortgage definition.

We're hearing about fraud again all over the USA.

January data confirm that proprietary mortgage loan modifications continue to be more affordable than Home Affordable Modification Program options.

The House passed a bill by voice vote that would allow banks to opt out from sending annual privacy notices to customers unless the disclosures changed from the prior year.

Loans refinanced under the Home Affordable Refinance Program declined in December to 41.1%.

The midsize New York mortgage lender and the West Coast bank created to house the IndyMac assets are worlds apart in many ways, but their rumored deal is strange enough to work, experts say.

Chairman and CEO Doug Lebda said the mortgage business performed particularly well in the fourth quarter.

Homeowners who were victims of the severe storms, tornadoes and flooding that occurred last month in Mississippi now have full access to Freddie Mac’s mortgage relief policies.

LoanSafeMods.com is offering a new tool designed to facilitate decision making for borrowers looking at foreclosure alternative options.

Joshua Rosner, co-author of a book detailing Fannie Mae’s role in the housing crisis, said he sees parallels between the failed mortgage finance giant and the strategies JPMorgan Chase & Co. uses to win government and investor confidence.

As the housing crisis winds down a shortage of mortgage banking executive talent that had been building up for a decade is reaching its peak.

Default attorneys discussed why foreclosure delays are so problematic in not only judicial states, but nonjudicial states, too

Ed Gerding, senior fraud and risk strategist at CoreLogic, said short sale fraud is popular today due to the unprecedented levels of shadow inventory, high volume of overall distressed real estate inventory and relatively low property values.

Bank of America cut about 5% of staff in its appraisal unit last month as the firm rid itself of delinquent mortgages.