Compliance

When does a warehouse loan become a loan, and who owns it?

Mortgage servicing market insiders are monitoring regulators with the same attention federal and state legislators are monitoring mortgage banks in general and mortgage servicers in particular. The impact of this dynamic is significant and ongoing.

A Dallas woman who represented herself as a real estate investor to run a scheme that defrauded residential mortgage lenders has been sentenced to more than five years in federal prison.

Several of the nation’s largest mortgage servicers, housing counseling nonprofits and insurance companies gathered in New Jersey to offer face-to-face assistance to New Jersey homeowners affected by Hurricane Sandy.

Fannie Mae and Freddie Mac have been selling their marketable MBS out of their investment portfolios over the past three years while accumulating whole loans, including distressed loans.

An increasing number of wealthy Eastern European homebuyers are looking for crisis-induced U.S. real estate opportunities.

The Georgia Department of Banking and Finance reached an agreement with a broker who violated the state’s Residential Mortgage Act.

Industry groups are urging the Consumer Financial Protection Bureau to initiate a testing program for the new mortgage disclosure forms that will be used for qualified mortgages.

VantageScore Solutions has reconstructed its credit scoring model both to aid lender implementation and consumer understanding.

The Consumer Financial Protection Bureau is targeting large banks and a wide variety of nonbanks rather than community banks.

There seems be a general consensus that Fannie Mae and Freddie Mac should eventually be shut down.

After community members complained about the affects plywood and boarded-up windows have on property values and neighborhood blight, Howard Wedren wanted to do something to help these individuals.

There is one observer who is seeing people leaving larger organizations and returning to independent status.

A Credit Suisse prepayment forecast suggests the slowdown in lower coupons last month will continue in March based on rate activity to date.

Sen. Ron Wyden is raising concerns about the business arrangements Lender Processing Services has with mortgage servicers and the billing practices of the default management vendor.

2013 is the year the housing market will see even stronger recovery.

It took two loan modifications to drive down the delinquency rate of securitized commercial mortgage loans in February and keep rolling a nine month trend of steady improvement.

Citing fairness issues, three civil rights groups are calling for revisions of how the Federal Emergency Management Agency delivers housing assistance.

Consumers who were deceived by an operation where scammers posed as a government mortgage assistance program and charged an upfront fee for fraudulent mortgage relief services will soon be receiving reimbursement from this scheme.

Ambac Financial Group has gotten a deadline for satisfying a condition of its reorganization plan extended.