Compliance

Allonhill laid off roughly 10 full-time appraisers because of a cutback by one of its mortgage clients.

Fannie Mae and Freddie Mac are taking new steps to facilitate the closing of loans that were being processed when Hurricane Sandy slammed into the New Jersey coast.

The decision to delay the implementation date on Basel III capital rules could be a game changer for the residential mortgage servicing business–or maybe not.

Several bank regulators have made it clear in the last month that they don't want banks releasing reserves too quickly.

One Fannie Mae vendor that works on buyback cases had its workload reduced to 1,500 files per month from 9,000 at one point.

Capital One's highest level of exposure is in New York, where it has $25.4 billion of loans outstanding.

If you know the answer to four questions, you will have a better handle on quality control.

The agreement in principle with the Securities and Exchange Commission covers two investigations related to mortgage-backed bonds handled by JPMorgan and Bear Stearns.

Real estate investment trusts that buy mortgage debt tumbled the most in a year Wednesday on the expectation that more homeowners would be able to prepay mortgages.

After more than three years of regulatory requirements, some of which involved the implementation of technology, the moment that the origination industry has been waiting for has arrived.

JPMorgan Chase will go to trial on allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.

Fidelity’s title insurance business alone posted pretax earnings of $210 million, up from $138 million in 3Q11.

Integra began its initiative due to the lack of inventory of single-family homes as rental property investments.

The Federal Housing Administration, which guarantees 20% of all new mortgages, has raised premiums and tightened credit standards in an effort to avoid asking for a taxpayer subsidy.

Estimates on property damage caused by Hurricane Sandy range from $20 billion to $50 billion.

Only Citi and JPMorgan face the highest surcharge, while Bank of America, Bank of New York Mellon, Goldman Sachs and Morgan Stanley must hold 1.5% in extra capital. Citi, JPM and B of A are top five players in mortgage banking.

Are you a mortgage broker or a mortgage lender? As of August regulations required you to have an AML manual in place to check for and report not only money laundering but also suspicious activity.

MGIC, in some cases, has received waivers of the risk limit to allow it to keep selling policies in certain states.