Compliance

Mortgage people need to toe the mark or CFPB may tow it for you.

The November 2012 CoreLogic National Foreclosure Report shows the number of completed foreclosures in the U.S. dropped 6% month-over-month.

David Kaup admitted to carrying out three separate fraud schemes that caused millions in losses to victims, but failed to appear for his sentencing.

Congressional efforts to reduce the U.S. deficit revived tax breaks for mortgage insurance and extended interest deductions for homeowners that will cost the government $600 billion over five years.

Savvy investors rushing to take advantage of current and long-term foreclosure-to-rental market opportunities may stumble upon an unexpected barrier: data.

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.

TCW Group Inc., Pacific Investment Management Co. and DoubleLine Capital LP are forecasting gains for mortgage bonds without government backing.

All industry stocks on this publication’s Mortgage Industry Equity Composite ended the trading day Wednesday with gains, with mortgage insurer MGIC leading the pack.

For the sixth straight month the number of completed foreclosures in Massachusetts declined by nearly 60% in November marking the beginning of a brighter future for this market.

Between $500 million and $600 million will be returned to the MF Global Inc. estate under an agreement.

Jumbo originator PHH Mortgage Corp. is heading toward a new year with some changes under the hood.

There’s still an awful lot of damage and debris to be cleaned up in the wake of Hurricane Sandy, with staggering problems for those whose property was in low-lying coastal areas.

A New Jersey company recently pleaded guilty for its role in a bid rigging scheme at municipal tax lien auctions within the state.

It was a year of firsts for the Consumer Financial Protection Bureau in 2012.

HARP loans delivered to Fannie Mae and Freddie Mac after Jan. 1 will come under new representation-and-warranty standards that could give the refinancing program a boost in 2013.

A House panel ended a probe of alleged preferential lending by Countrywide Financial Corp. to lawmakers and aides without taking action.

California's windfall is a by-product of a side deal that the state's attorney general, Kamala Harris, cut with Bank of America, JPMorgan Chase and Wells Fargo.

Repairing homes that were devastated as a result of Hurricane Sandy will not be an easy feat. Just ask those New Orleans residents who suffered through Hurricane Katrina and Rita.

The delinquent unpaid balance for commercial mortgage-backed securities decreased in nine of the past 12 remittance periods through November 2012.

A Las Vegas real estate agent was sentenced to a prison term for her participation in a mortgage fraud scheme involving, among other things, straw buyers.