Compliance

A federal indictment said 11 defendants participated in a fraudulent loan modification business that took advantage of homeowners who were having difficulty paying their monthly mortgage payments.

Mortgage seller/servicers may need to cough up an additional $3.4 billion of damages to Freddie Mac for buybacks.

An iPhone app released by Radian Guaranty allows users to check eligibility and calculate rates for the Philadelphia-based mortgage insurer’s products.

Distressed asset liquidation timelines will continue to coerce the decision making process for both lender-servicers and homeowners.

Demand for foreclosed properties is heating up in certain markets where the supply is shrinking at increased speed.

Government entities, investors and lenders are embracing efforts to minimize foreclosure related losses by keeping properties occupied.

Bankers are mounting their support for national efforts to build up a much-needed financial literacy foundation.

Integra Group Real Estate expanded its property management services to now provide inspections for vacant rental and real estate-owned properties.

Correspondent banking remains a tricky and risky business, but a growing number of bankers believe it can be lucrative.

After hitting rock bottom in the real estate bust, commercial mortgage-backed securities financing is making a comeback.

Cashmere Valley is turning to outsourcing to help make sense of the complicated legislation that after two years is still developing as provisions get delayed, clarified or rewritten. For banks with assets of less than $10 billion, it's not even clear which parts of the law apply.

Land Home Financial Services entered into a $20,000 settlement with the HUD over alleged violations of the Fair Housing Act involving an application where the wife was on maternity leave.

If the government is bent on winding down Fannie Mae and Freddie Mac sooner rather than later, then it helps that some major lenders are committing to buy back soured loans from the government-sponsored enterprises all at once, rather than quarter by quarter.

The Consumer Financial Protection Bureau offered new details about how the agency will examine large credit-reporting firms.

Plenty of mortgage banking firms are lining up to get their Ginnie Mae approvals so they can issue government-backed mortgage bonds and service the underlying loans.

Fannie Mae Chief Economist Doug Duncan explains the correlation between rising student loan debt and its impact on household formation and mortgage originations.

The Consumer Financial Protection Bureau's enforcement guide explicitly requires lenders to have chief compliance officers, but what does that really mean?

U.S. state attorneys general are pressing four regional banks to accept a legal settlement over botched foreclosures similar to a deal reached with larger competitors earlier this year

The new rules for calculating risk-weighted assets will have a particularly dramatic impact on the capital needed to support a mortgage-banking platform.

Banks are spending lots of money fighting fraud, but security experts say they could do better when it comes to mitigating fraud and detecting money laundering.