Compliance

Currently, millions of homes throughout the country have moderate to severe physical housing problems.

CitiMortgage has responded to recent allegations that it and other large banks engaged in deceptive practices when force-placing insurance policies on borrowers, saying it follows federal rules and guidance in this area.

There is strong capital markets interest in securitizing renewable energy loans, and property assessed clean energy loans associated with commercial properties will probably be one of the first types securitized.

Nationstar Mortgage Holdings closed the purchase of mortgage servicing rights of roughly $97 billion in unpaid principal balance loans and certain other assets from Bank of America.

The composite score for the U.S. commercial property market remained stable in 2012 and suggests the market will continue to remain stable.

Transparency in commercial mortgage-backed securities loan modifications has gotten better but it is still not perfect.

Residential Capital completed the sale of the originations and capital markets platform to Walter Investment Management Corp.

Gilman Law LLP is building up a class-action federal lawsuit that targets homeowner’s hazard, flood or wind insurance placed by CitiMortgage, Citigroup, American Security and Assurant.

Sen. Elizabeth Warren, the architect of the Consumer Financial Protection Bureau, is in a unique position to help rescue the agency from a legal morass that threatens to undo much of its work.

Moody’s Investors Service finds commercial mortgage-backed securities loan credit quality indicators favorable for the time being but is cautious about 2013.

Following a relatively stable fourth quarter of 2012 the U.S. CMBS delinquency rate fell 14 basis points to 9.57%.

The 90-day foreclosure moratorium applies to homeowners who live in nine states and the District of Colombia where the president issued major disaster declarations.

Capstead president and CEO Andrew Jacobs expects there will be more stability in the company’s results this year absent more federal rate intervention.

Housing realities appear to contradict the popular belief that older homeowners can downsize a home to make the mortgage loan and living costs more affordable.

We’ve heard many times that the true cause of the mortgage crisis was government meddling in the market to ensure lending to low-income and minority applicants who couldn’t pay it back.

Lender Processing Services has agreed to pay 44 states and the District of Columbia $121 million to settle claims of unlawful foreclosure practices.

FloodInsights is now offering lenders and others a sinkhole search report for Florida properties.

As the mortgage market increases the use of upfront automated audits to comply with regulation, homeowners are being offered the opportunity to review whether lenders and servicers are up to the task.

BOK Financial once again generated higher quarterly earnings because of higher mortgage banking income.

We're hearing the unlikely duo of counseling and technology may be useful in reducing lender costs in the light of the qualified mortgage.