Hudson City Bancorp in Paramus, N.J., has sold $112.1 million in delinquent, FHA-backed mortgages.

Cross-training can expose a lender's staff to the entire workflow of an organization while keeping employees on their toes and providing opportunities to take on new challenges.

The regulator of Fannie Mae and Freddie Mac should require banks and mortgage lenders to obtain independent, third-party tests to ensure compliance with its guidelines, according to a government watchdog report.

Acquisition-hungry banks and mortgage companies need to apply the same level of scrutiny to cultural fit as they do to a firm's financial statements and balance sheets.

Mortgages that do need meet new ability-to-repay rules are likely to be securitized only sporadically, according to participants at the ABS East conference.

The law requires those who deal with financial information to have safeguards in place to protect consumer data.

Several federal agencies have joined forces in launching new public service advertisements designed to inform and assist homeowners at risk of foreclosure.

A high percentage of Federal Housing Administration-insured loans are falling into the “higher priced” bucket due to a series of mortgage insurance hikes over the past several years.

A Wichita, Kan., man was sentenced to seven years and three months in federal prison without parole for his role in a $2.7 million mortgage fraud scheme.

A high percentage of Federal Housing Administration-insured loans are falling into the "higher priced" bucket due to a series of mortgage insurance hikes over the past several years.

Devising a risk mitigation plan — and the training and oversight necessary to implement it — requires lenders and servicers to conduct a scientific investigation into the policies, procedures and controls they already have in place.

In the coming months, banks, mortgage lenders, consumer advocates and policy wonks will be slicing and dicing the latest Home Mortgage Disclosure Act data, as they do every year. Rarely, if ever, have the stakes been higher.

Within the span of a year, institutional investors with large portfolios of single-family properties have tapped the securitization market with nine deals, creating an alternative form of exposure to the housing market.

Proposals in Congress to change the structure of the government-sponsored enterprises Fannie Mae and Freddie Mac seem to be languishing in this election year.

RentTrack and TransUnion have partnered to ensure renters "get the credit they deserve for on-time monthly payments."

Rep. John Delaney said Tuesday that he's "optimistic" Congress could take up reform of Fannie Mae and Freddie Mac next term, despite the political difficulties lawmakers have faced in getting legislation approved over the past two years.

Mortgage underwriting overlays are not only tighter than they were precrisis, they're more restrictive than they were 15 years ago — a trend that Department of Housing and Urban Development Secretary Julian Castro wants to change.

There is a good chance legislation that would provide regulatory relief to small banks and address concerns about which banks are dubbed systemically important could be wrapped in the same Senate bill next year, experts said at National Mortgage News's 4th Annual Regulatory Symposium.

The Consumer Financial Protection Bureau's complaint database is an excellent source of information to help lenders make adjustments and refine their operations.

To move quality control earlier into the origination process, lenders should rely on automated data checks