Compliance

Securities regulators have charged three executives of a failed bank in Virginia with deceiving investors about the health of its loan portfolio at the apex of the financial crisis.

Even though less securitized commercial mortgage loan deals moved into special servicing in 2012 analysts are cautiously optimistic for 2013.

New York State, which depending on who one talks to, is hailed or booed about its foreclosure prevention policies, may have already set a precedent for the future of how regulators monitor mortgage servicers.

Nearly 900,000 homeowners sought financial counseling assistance by yearend 2012, up 34% compared to 2011.

In this video presented by the California Mortgage Bankers' Association, Allen Matkins attorney Stephen Lieske explains what LIBOR is and how it was distorted in the recent scandal.

One of the states hit hardest by the housing crisis is taking added steps to help homeowners.

The new methodology also includes data on redefaults of modified loans into the servicing quality performance analysis.

The Minnesota Housing Finance Agency hits the market Wednesday with $75 million of tax-exempt homeownership finance bonds.

JPMorgan Chase asked a federal judge to order the Federal Deposit Insurance Corp. to cover any costs or liabilities in a bondholder case stemming from the bank’s takeover of Washington Mutual Bank.

Institutional investors of all sizes are reportedly amassing billions of dollars in capital they plan to invest in renting unsold real estate owned inventory.

The highest share of consumers in the two-and-a-half year history of Fannie Mae’s housing survey expects home prices to increase in the next 12 months.

Federal bank regulators have reached an agreement with 10 of the 14 banks conducting independent foreclosure reviews.

The congressional playbook for the new year is a familiar one, as lawmakers will continue to oversee implementation of the Dodd-Frank reform law and possibly begin to make inroads on housing finance reform.

Bank of America has entered into a $10.3 billion settlement with Fannie Mae to resolve repurchase issues involving nearly $300 billion in mortgages that B of A and Countrywide sold to the GSE from 2000 through 2008.

Several trade groups are pressing the GSE regulator to halt Fannie Mae’s secretive initiative to reduce the cost of force-placed insurance and replace it with a process that is more transparent and less disruptive to servicers.

Banks are pushing the U.S. Consumer Financial Protection Bureau to give them a year to comply with new mortgage underwriting rules that could be released as early as this week.

A federal appeals court revived a lawsuit accusing the Department of Housing and Urban Development of setting up its reverse-mortgage program in a way that makes it more likely a surviving spouse will end up in foreclosure.

Bart Mellits was appointed the new leader of Ballard Spahr's real estate department.

Today, risk is marked by increasing complexity and velocity, and in light of our mobile, social and big-data landscape, there is urgency around proactively identifying and managing risk.

The Senate debate over the confirmation of a Federal Housing Administration commissioner has revealed a divide between some Republican lawmakers over the reason the FHA mortgage insurance fund is in the red.