Compliance

Apparently, the words "fraud prevention" have such huge ramifications and implications that they have almost disappeared from the mortgage banking lexicon of approved words.

Ellie Mae COO Jonathan Corr discusses his outlook for mortgage loan origination system vendors. 

Second quarter new insurance written strong, but legacy business remains an overhang.

Three state attorneys generals have joined a lawsuit against the Dodd-Frank Act.

The government-sponsored enterprises have made several recent changes to their underwriting guidelines, potentially expanding the customer base on refi products.

FNC Inc. has received a patent for its appraisal score, a move that makes the product the first patented appraisal tool.

An EquityLock Protection contract protects the value of a customer’s home from future local market declines for up to 15 years.

A federal task force formed to probe misconduct in the mortgage and MBS markets may be getting ready to take action.

Some helpful hints if the taxman comes knocking on your door.

Fannie Mae is telling new seller/servicers that it will cap how much product they can sell to the GSE based on their net worth and other factors.

Who's on the Fannie/Freddie 'High Risk' watch list? Well, we can guess who isn't on it.

Fannie Mae Chief Economist Doug Duncan explains the impact of the eurozone crisis on the mortgage industry.

A law firm that won an $8.5 billion settlement from Bank of America Corp. tied to faulty mortgage bonds said Wells Fargo and Morgan Stanley failed to service $73 billion of similar securities, creating a default.

Two former Sterling Financial mortgage loan officers sued the lender on claims that they are owed unpaid overtime.

The overall efficiency of servicers working on delinquent subprime loans improved modestly during the second quarter, reinforcing a recent trend that is likely to continue.

The Federal Reserve’s decision to purchase $40 billion in agency mortgage-backed-securities a month could hasten the wind down of the government-sponsored agencies’ giant mortgage portfolios.

The Office of the Comptroller of the Currency issued new guidance to federally chartered banks and thrifts that are lending money to investors who buy real estate owned with the idea of turning those units into rentals.

Two Citigroup Inc. executives are departing after federal prosecutors named them earlier this year in a mortgage-insurance fraud case.

As of late last year Fannie Mae and Freddie Mac had placed more than 300 high-risk counterparties on watch lists and stopped doing business with more than 40 of them.