Compliance

The Securities and Exchange Commission has appointed Thomas Butler as director of the agency's new office of credit ratings.

Structured finance investors would prefer to rely on fewer sources of pricing for tracking deals, according to 107 investors in the industry surveyed by Principia Partners.

It could be the most underserved part of the market: investors stuck with rental properties – and who don’t want to default – need to refinance but can’t because they’re underwater on home equity.

Former Taylor Bean & Whitaker CFO Delton de Armas pleaded guilty to one count of conspiracy to commit bank and wire fraud, and one count of making false statements.

Nobody's perfect. But with social media, blogs, forums and articles posted in the millions each day, you need to monitor your online reputation.

It doesn’t sound like agency mortgage repurchase requests are going to end any time soon, even though many originators are doing their best to batten down the hatches. Instead, word is these requests continue to increase.

A proposal by regulators to revamp the way banks must measure risk on certain assets is alarming many community bankers.

RealtyTrac released its May U.S. Foreclosure report, which emphasized the first year-over-year increase in foreclosure starts in 28 months. What does this mean?

These days, many lenders’ licensing and legal departments are larger than what they were budgeted for, and adding efficiency without adding head count to the back office must be a priority.

Housing markets are showing credible signs of a revival that still is “in the early innings,” according to the State of the Nation’s Housing 2012 report released by the Joint Center for Housing Studies of Harvard University.

New York Attorney General Eric Schneiderman has introduced the Foreclosure Fraud Prevention Act of 2012 to the State Legislature that defines residential mortgage foreclosure fraud and imposes new penalties for those who intentionally engage in illegal activity within the state.

A federal court panel said Bank of America can't consolidate multiple lawsuits involving losses suffered from the collapse of Taylor Bean & Whitaker and Colonial Bank in a multibillion-dollar fraud.

Regardless of your position on the use of MERS as a nominee for the lender, creating a shared, accessible database of record is another reason why lenders and servicers have worked diligently to certify the accuracy of the data entered in the MERS database.

Costco has started to offer mortgages through approved lenders and heavily marketing the program to its 68 million members.

Three attorneys and a former attorney pleaded guilty in Manhattan federal court for conspiring to commit wire and bank fraud in connection with a $66 million mortgage fraud scheme.

A top Federal Reserve official on Tuesday urged regulators to embrace a set of reforms that could be taken to minimize risk in the shadow banking system.

Force-placed insurers operating in New York must lower the premiums they charge, the state's governor and superintendent of financial services announced.

SunTrust Mortgage has named two new executive presidents, hiring industry veterans from PNC Mortgage and IBM Corp.

Experian’s research data show over 20 million underbanked consumers may be eligible for financial products normally reserved for prime credit prospects.

Among Telrock’s lending clients, 40% of borrowers who were contacted through a mobile service paid directly through the device within 30 minutes of receiving the alert.