Regulation and compliance
Regulation and compliance
-
CFPB Servicing Standards
Fidelity's Plans for LPS
MT Awards PhotosFebruary 18 -
The mortgage tech vendor is trying to maintain profits by signing and upgrading customers. The headwinds it faces reflect broader industrywide challenges: lower origination volume and new compliance requirements.
February 14 -
A Tampa homeowner is suing Bank of America and U.S. Bancorp, claiming that the banks delayed processing his mortgage payments in order to earn extra interest for themselves.
February 14 -
New York State approved an agreement between bond insurer MBIA and Nomura Holdings that ended claims related to mortgage-backed securities.
February 14 -
Ocwen Financial Corp. is seeking to raise about $136 million by selling notes tied to fees from managing a pool of government-backed loans.
February 13 -
A New York startup vows to reduce risk and bring transparency and regulatory oversight to a much-hyped investment class.
February 13 -
Canadian covered bonds now benefit from increased disclosure about the mortgages behind them and more certainty about recourse to the cover pool in the event of a default. But so far, this broader appeal hasn't resulted in increased issuance.
February 13 -
Finding a compliance mistake is likely to endear you to them and help drive referral business.
February 13 -
Housing and Urban Development Secretary Shaun Donovan says it's important for investors in mortgage-backed securities to receive a fair price for seized mortgages.
February 13 -
Perhaps the very first opportunity a lender has to convert is by turning a website visitor into a loan applicant.
February 13 -
Looming court battles over the fate of Fannie Mae and Freddie Mac are a key reason why lawmakers must act soon to pass housing finance reform, Housing and Urban Development Secretary Shaun Donovan said Wednesday.
February 12 -
With single-family credit tight, multifamily lending remains hot, but its fate also depends largely on public policy. Fortunately for Pru, this part of its multifamily business is run by Paige Warren, a woman with government experience, ties and insight.
February 12 -
New York's banking regulator unleashed a verbal assault on nonbank servicer Ocwen Financial Wednesday, saying the company's claims about tech-driven efficiencies are "too good to be true."
February 12 -
Sens. Tim Johnson and Mike Crapo are close to unveiling a highly anticipated bipartisan bill to overhaul the mortgage finance market as the window for moving legislation this year continues to narrow.
February 12 -
Centralized databases inside the loan origination system provide an efficient way to comply with the Qualified Mortgage requirements and more efficiently use loan information from origination to servicing and securitization.
February 12 -
These are the documents originators should be telling their customers to bring during the application process.
February 12 -
Leading origination outsourcer cites "input" from activist investor Orange Capital.
February 11 -
The courts finding in one case is consistent with the provision in the mortgage that allows the lender to do whatever is necessary to protect the value of the property.
February 11 -
Now that many experts are heralding the end of the foreclosure crisis, we are seeing fewer headlines about the shadow inventory that servicers are holding in their portfolios.
February 11 -
The Consumer Financial Protection Bureau's new notification requirements for property valuations have rekindled old debates over appraisal alternatives and are expected to add costs alongside yet another layer of mortgage litigation risk.
February 11











