Serling will be charged with providing Situs with business development opportunities relating to commercial mortgage-backed securities bond investors.

Regulatory intervention throws a monkey wrench into a mortgage servicer's growth plans—and calls into question whether there are enough nonbanks to absorb all the servicing banks want to sell.

Lenders should consider carefully the potential for originators to steer borrowers from closed-end products into open-ended loans.

A former head of commercial real estate at Wilmington Trust Corp. was charged with bank fraud, bribery and money laundering, the Office of the Special Inspector General for the Troubled Asset Relief Program said.

Freddie Mac plans this year to start regularly issuing the credit-linked notes it began using as a form of risk-sharing last year.

Hendrix Montecastro and his mother were both convicted in a $142 million scheme.

The New York regulator questioned Ocwen’s ability to handle more volume after an independent monitor reviewed the mortgage servicer’s operations, a person familiar with the situation says.

Citigroup and Assurant have agreed to pay $110 million to settle charges that it forced thousands of homeowners to purchase expensive property insurance in order to profit from kickbacks and commissions.

Housing boom-era mortgage securitizations, written off as "toxic waste" during the financial crisis, are performing better than investors once expected, thanks to the rebound in home prices.

The appraisal industry has seen many changes within the past few years, and with greater oversight and scrutiny coming from every direction—appraisers are under the microscope.

First American Financial Corp. signed a definitive agreement to acquire Interthinx for $155 million from its parent company, Verisk Analytics.

Fannie Mae and Freddie Mac are not properly using a web portal developed to collect and screen appraisal information in order to minimize losses, according to an audit released Thursday.

Modified loans represent a potentially volatile portfolio that could become increasingly unstable over the next several years as loan modifications begin to reset.

A Connecticut man has been sentenced to 18 months in federal prison for his role in a mortgage fraud scheme that cost financial institutions millions of dollars.

Plucky mortgage bankers and brokers across the country are betting they can address the needs of the purchase market better than their cost-conscious competition.

Radian's new mortgage insurance written was down 21% year-over-year, but credit quality improved.

McGraw Hill Financial Inc.'s Standard & Poor's unit asked a judge to throw out California's claims the company violated false-advertising and business practices laws in rating mortgage-backed securities as the state seeks an award of at least $3 billion.

Lynn E. Szymoniak, famous for helping to uncover the robo-signing scandal, is now suing 22 companies for allegedly creating fraudulent documents and submitting tens of thousands of false claims to HUD.

The GSE’s first STACR transaction of 2014 seeks to offload the risk of a $31 billion mortgage pool with comparable credit scores but higher loan-to-value ratios than in recent securitizations.

American International Group and other objectors to Bank of America Corp.'s $8.5 billion settlement with mortgage-bond investors including BlackRock asked a judge to delay entry of a ruling approving the pact.