Compliance

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.

Yields on the benchmark 10-year Treasury note have risen to 2.02% from 1.72% since the Fed announced new bond buying on Sept. 13.

After last year’s false start, the government-sponsored enterprises plan to introduce risk-sharing bonds this year.

The Appraisal Institute is warning current homeowners and prospective homebuyers that neighbors play a major role in a property’s overall value.

Bank of America Corp. lawyers asked a federal judge to dismiss American International Group’s fraud claims over devalued Countrywide Financial mortgage-backed securities it had to sell as part of the government bailout.

Raj Date has gone from being a banker skeptical of regulation to being a key leader of one of the most powerful banking regulators: the Consumer Financial Protection Bureau.

Issues related to default risk and losses associated with delinquent HOAs are the iceberg many in the industry still fail to see.

Americans who inherited good financial habits from their parents, represent 62% of the borrowers who have a financial plan, are confident in their financial future and also are less likely to default on a mortgage loan.

I recently watched a PBS documentary that laid into regulatory officials for not doing more to find executives involved in the massive mortgage-related securities losses taken during the downturn that they could successfully levy criminal charges against.

Richard Cordray's recess appointment to the Consumer Financial Protection Bureau may ultimately be invalidated, but legal experts say several recent mortgage regulations approved on his watch may still be upheld.

The apparent decisions by EverBank and OneWest Bancorp to finish loan-by-loan foreclosure reviews will provide a glimpse of how the big banks' much-maligned foreclosure look-backs would have panned out.