Compliance

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.

Moody’s Investors Service has downgraded the ratings of 11 tranches and upgraded the ratings of six tranches from six 2004 jumbo residential mortgage-backed securities deals issued by Wells Fargo.

When conducting a broker price opinion, one of the most important aspects to determine the proper value for an asset is being familiar with that local community.

Teaching struggling borrowers how to manage their finances creates value at numerous levels not only for the parties directly involved such as servicers.

Hedge funds and private-equity firms are betting on delinquent home loans being sold by the Federal Housing Administration.

Some cities, like Santa Ana, are refusing to hand over to the state money from the remaining affordable housing funds of their defunct redevelopment agencies.

Up to 55% of the economists, real estate experts, investors and market strategists participating in a survey find 2013 home prices would not be negatively affected by potential mortgage interest deduction reductions.

Rep. Barney Frank, the retiring lead Democrat on the House Financial Services Committee, has always been known for speaking his mind.

Third Federal Savings & Loan Association of Cleveland said regulators terminated its memorandum of understanding.

Hurricane Sandy’s impact on the private-label residential mortgage-backed securities market won’t be systematic and estimates for it are shrinking under closer examination.

House Republicans are seeking all HUD documents and communications regarding the fiscal year 2012 Federal Housing Administration actuarial report.