Compliance

A former Jefferies & Co. managing director was arrested and accused of defrauding customers of more than $2 million on trades of residential mortgage-backed securities.

The California attorney general’s office has seized six websites that allegedly targeted distressed homeowners who are having trouble with mortgage debt.

First Financial Northwest Inc.’s increased and diversified originations contributed to its return to profitability during the fourth quarter of 2012.

Hurricane Sandy may have given a final push into special servicing to the $103.5 million Long Island Marriott and Conference Center hotel loan.

An American Securitization Forum meeting speaker confirmed regional home value recoveries but said full bond analysis is still needed.

The common goal during the vendor management process is to ensure that the requirements and oversight are met to benefit not only a homeowner, but the entire neighborhood.

Peachtree Hotel Group has embarked in a fast-growth strategy that has been 24 months in the making and will continue in 2013.

An executive at one industry vendor finds the definition of property values in in the midst of a transition.

The Department of Justice charged nine New Jersey residents for operating a large-scale mortgage fraud scheme that caused losses of approximately $10 million.

The uncertainty that has fallen over the mortgage market due to a federal court's ruling that some of President Obama's recess appointments are invalid could be accentuated by the mechanics of the qualified mortgage provisions in the Dodd-Frank Act.

President Obama's renomination of Richard Cordray, who has been running the bureau under a controversial recess appointment, is garnering the same GOP concerns expressed when his name was first floated.

Homeowners will see increases in the rates they pay for flood insurance soon, if they haven't already, with owners of vacation homes seeing the biggest jump.

Potential fraud activity is on the rise nationally that lenders should be wary of during the mortgage loan application process.

A trend of sequential increases in credit-risk-related provision expenses by the largest U.S. banks reported in the fourth quarter will likely continue through 2013.

Redwood Trust sold $619.2 million of home-loan securities in its second deal this month.

Updates from the Consumer Financial Protection Board and the Department of Housing and Urban Development.

Clayton Holdings is responding to the growing volume of MSR transactions generated by recent regulatory changes.

On her recent visit through areas impacted by Superstorm Sandy CEO of Mortgage Contracting Services, Caroline Reaves tried to capture her experience through images.

Residential Capital agreed to pay $297.6 million to end opposition by government-run loan investor Fannie Mae to the sale of ResCap’s main business.

The industry's positive reaction to the Consumer Financial Protection Bureau qualified mortgage rule, which governs mortgage underwriting, is prompting cautious optimism that a related securitization rule may also turn out better than expected.