Compliance

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.

Robert Meachum, a 20-year mortgage industry veteran, is joining Stonegate Mortgage Corp. as executive vice president of servicing.

In collaboration with Citi and the Foundation for Small Business Development Safeguard is offering small business training sessions to minority owned firms.

Residential Capital should get more time to file an exclusive plan to reorganize while the bankrupt mortgage company remains in mediation with creditors.

A residential mortgage law firm and title insurance provider have decided to join forces in order to help lenders and servicers respond to the demand of REO properties flowing into the market.

Predicting exactly what the world will look like 11 years after the Dodd-Frank Act was signed into law is a stretch, but history shows that congressional updates to the regulatory structure are cyclical and occur roughly once a decade.

Executives from equity real estate investment trust American Realty Capital Properties rang the closing bell at the National Association of Securities Dealer Automated Quotation system’s headquarters, signaling the closing of the trading day on March 1, 2013.

We only have to reflect on Long Term Capital Management, Fannie Mae and Freddie Mac to see the value in validating our models.

Everyone in the mortgage banking industry is dealing with the effect of the foreclosure crisis which brought about unprecedented regulatory pressures and the need to reinvent the way mortgage servicers do business on a daily basis while planning for the long term.

Most stocks in this publication’s Mortgage Industry Equity Composite fared well in terms of relative percentage gains Monday, particularly mortgage insurers MGIC and Radian.

MFA Financial, a real estate investment trust, will delay its 2012 annual report filing.