Compliance

Careful selection of homebuilder stocks, based on geographic markets and strategies, might be attractive to some investors.

Wells Fargo & Co., the nation's largest home lender and issuer/servicer of GNMA loans, is telling its correspondents and brokers that it will only participate in the FHA's new "Streamline" refi program on loans its services.

More than 1.3 million people received assistance from a foreclosure mitigation counseling program.

The United States, European Union and Japan may be at risk of failing to adopt global standards that will greatly improve the quality and quantity of capital that banks must hold, according to global regulators on Monday.

Last time I wrote about some of the better marketing I saw in the past few weeks as I continue to recover from a leg infection. Unfortunately not all advertising I came across was as strong.

Not too many life and homeowners insurance firms are foregoing rate increases and rebating money to their insured.

Mortgage default risk is adjusting to precrisis levels. Almost.

The UFA Default Risk Index for the second quarter of 2012 increased slightly to 120 from last quarter’s revised 119 that was based on the UFA baseline macro scenario.

A federal judge ruled in favor of two investors involved in litigation against Bank of America offering an alternative insiders see as self-help in mitigating conflicts of interest between lenders and investors of asset-backed commercial paper.

A federal judge has ruled in favor of two investors involved in litigation against Bank of America.

"Oppressive." "Harsh." "Micro-managing." These were some descriptions community bankers were using in congressional hearings last year to describe their safety and soundness exams. But it appears the bank-examiner relationship has started to change dramatically.

The next step needed to improve the integrity of values in appraisal management is a set of scores for not only the valuations themselves, but also appraisers and specific areas.

Visit the office of John O'Brien, register of deeds in South Essex County, Massachusetts, and he'll eagerly show you stacks and stacks of documents. He calls it a crime scene.

Fitch CMBS stress tests show that relatively high percentages of top-rated securities that go through a sharp double-dip recession would keep those ratings intact.

Two Northern California real estate investors agreed to plead guilty for their roles in a conspiracy to rig bids and commit mail fraud at public real estate foreclosure auctions.

For the past two years, Valley National Bancorp in Wayne, N.J., has touted its $499 home refinance program in New Jersey and Pennsylvania—but there is fine print.

If you’re wondering why the nonperforming loan auction market hasn’t been more robust – especially given the fact that banks and the GSEs are sitting on billions of dollars in defaulted home mortgages – you can blame accounting rules, or so we’re told.

Fannie Mae is moving closer to launching a pilot program to dispose of some of its nonperforming residential loans.

Mortgage investors, who have been complaining for months about the costs they will bear under the national servicing settlement, presented a list of proposed remedies at a congressional hearing.

According to the DOJ’s investigation, SunTrust violated the Fair Housing Act and Equal Credit Opportunity Act by charging more than 20,000 African American and Hispanic borrowers higher fees and interest rates based on their race and not on borrower risk.