Compliance

A decision last month by a federal appeals court may have profound effects on how borrowers and lenders approach rescission letters.

Arlington Asset Investment Corp. has priced a public offering of 3 million shares of common stock at a public offering price of $25.50 per share.

The Korea Housing Finance Corp. has issued a rated $500 million cross-border covered bond transaction denominated in U.S. dollars.

The private mortgage insurance industry is lobbying Congress to reduce the role of the Federal Housing Administration, its dominant government rival.

Michael Wilkerson recruited some of congregants to be straw buyers.

Nationstar Mortgage Holdings is taking the unusual step of selling home loans out of securities owned by investors, Credit Suisse Group said.

Liquidations of vintage securitized commercial mortgage loans continue to represent the highest severity losses in a market that is otherwise stabilizing.

A new study reaffirms and quantifies the long-term effect of prepurchase housing education.

Thirty-year conventional prepayment speeds have declined by 11% in the most recent month, according to Credit Suisse.

The specific proposals were not supported although critics admitted there were some good points in the report.

Rating actions taken by Moody's Investors Service on tranches issued by RASC in 2005 and valued at $1 billion in vintage loans indicate overall improvement in performance.

Distressed asset management and loss mitigation services provider Green River Capital LLC has launched a surveillance division to address credit risks surrounding the rapidly expanding REO-to-rental market.

Fitch has issued a presale report on a $1.8 billion securities deal backed by mortgages secured by interests of borrowers that own or lease 5,195 wireless communication sites.

Fannie Mae’s Servicer Total Achievement and Rewards program gave servicers a passing grade for improvements in the delivery of home retention solutions in 2012.

SunTrust is looking forward to a housing recovery bolstering its fortunes.

American International Group is entering the residential whole loan purchase business through a new business unit, Connective Mortgage Advisory Co.

We're hearing that among the many originator-related concerns the Consumer Financial Protection Bureau is keeping tabs on are violations of the Real Estate Settlement Procedures Act and the Gramm-Leach-Bliley Act privacy rule.

A New York loan broker was indicted for conspiring to defraud 350 financially capable customers of $1.2 million.

Cooperation was the common theme among field service providers attending the MBA National Mortgage Servicing Conference and a necessity that will drive business strategies in this segment of the marketplace this year and beyond.