Mortgages

HMDA data provides information regarding home mortgage lending activity, and the proposed CFPB rule appears to significantly expand data reporting requirements for mortgage industry participants.

Consumer credit default rates continued declining to historical lows in July.

All employees, including executives, need to be focused on compliance and customer complaints. The Consumer Financial Protection Bureau is specifically concerned when a company does not appropriately monitor third-party vendors.

Housing starts surged in July to the highest level in eight months, underscoring the recent pickup in builder optimism as the residential real estate market gains some traction.

What to say to pre-approved clients who are shopping for lower interest rates.

One thing lenders often overlook is the manner in which potentially isolated compliance problems can in retrospect be weaved into an elaborate and intentional conspiracy.

The Federal Housing Finance Agency banned banks and mortgage servicers from accepting commissions on force-placed insurance policies issued by affiliated companies. At least one mortgage servicer, Ocwen Financial, has found a way around the ban.

Confidence among homebuilders rose in August to the highest level in seven months, showing the industry is making more headway after weakness earlier this year.

ZAIS Financial Corp. has closed a $100 million financing agreement with Credit Suisse First Boston Mortgage Capital LLC to purchase whole residential loans.

After commercial mortgage-backed security delinquencies declined for 15 straight months, this streak came to an end in July.

If consumers can't afford to pay the premium and the policy gets cancelled, servicers can acquire force-placed policies.

Weather-wise, we're having a relatively placid season. But legal and regulatory developments are a different story when it comes to lender-placed insurance.

There was a time years ago when second liens were the toughest legacy home loan asset to find a buyer for in the secondary market.

This is true whether you are looking to run a half-marathon or become a top originator.

Bill Ackman's Pershing Square Capital Management LP sued the U.S. government claiming revised terms of the 2008 bailout of Fannie Mae and Freddie Mac cheat investors of the profit from the mortgage-financing entities.

The Chicago Federal Home Loan Bank has received regulatory OK to start pilots for its jumbo and government loan conduits.

Foreclosure rates continued their steady, three-year decline in June, according to a report Thursday from CoreLogic.

In about six years, by 2020, one out of three adult Americans will be a Millennial. By 2025, they will make up about 75% of the workforce.

A temporary waiver allowing victims of Hurricane Sandy to finance foundation repairs and elevate their homes with 203(k) mortgages should be made permanent to help lessen the burden of flood insurance requirements, say real estate and flood hazard groups.

Mortgage applications to purchase new homes increased 2% in July than the month before, according to Mortgage Bankers Association data.