Compliance

CoreLogic launched a new service that provides automated, transparent credit grades and surveillance of nonagency residential mortgage-backed securities.

The trickledown effect of mortgage default servicing compliance requirements has tangled into a laborious process various entities.

Economists expect the housing recovery to continue this year building off of the momentum generated in 2012 despite some challenges that could hinder future growth.

A multimillion-dollar investment by DocMagic to build a new state-of-the-art technology center to enhance its security protocols has been completed.

In his first nine months as comptroller of the currency, Thomas Curry has had to deal with a community bank revolt against Basel III, policy heavyweights calling to break up the big banks, and a mortgage servicing settlement that had gone expensively off track.

The number of mortgages in the process of foreclosure but with no resolution for all loan types improved during the first three quarters of 2012.

Compass Analytics has released a new product that comprises the company’s mortgage analytics suite.

Servicers need to pay more attention to changes in home prices and how they relate to delinquency rates.

Continuous demand for cloud-based document imaging technology helped more than double Capsilon's revenue in 2012 and may lead to further growth this year.

Hammerhouse forecasts consolidation due to dwindling refinancing but competitive demand for originators who can source purchases in 2013.

A title company owner was sentenced to two years in prison for wire fraud in connection with a scheme to use over $1.5 million in mortgage closing funds for her personal use.

Global commercial real estate investors favor “safe haven locations” in Europe, according to a real estate forecast published jointly by the Urban Land Institute and PricewaterhouseCoopers.

The mortgage industry is facing a “regulatory tidal wave” as regulators are finally issuing the new rules mandated by the Dodd-Frank Act of 2010.

First American Mortgage Services has implemented Platinum Data’s RealView and Collateral Expert.

The Consumer Financial Protection Bureau’s new mortgage servicing rules were created to protect homeowners who are at risk of foreclosure, but one nonprofit fair housing organization thinks more could be done by the government agency.

The Consumer Financial Protection Bureau's new mortgage servicing rules may force some servicers to exit the business altogether or simply outsource servicing of defaulted loans to third parties.

This month marks the largest and most significant milestone since the Consumer Financial Protection Bureau launched more than a year ago.

In an interview, Morris Morgan, the federal government's point man for the painstaking review of 3.8 million mortgage loans, provided new details about the $8.5 billion deal regulators cut with 10 servicers last week and how it almost fell apart during negotiations.

CoreLogic reports an additional 100,000 borrowers moved from negative to positive equity status during the third quarter of 2012.

Bank of America saw its profits fall in the fourth quarter after several mortgage-related problems were settled as a result of the financial crisis.