Regulation and compliance
Regulation and compliance
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The government-sponsored enterprises are leaving billions on the table by not going after deadbeat borrowers who may have the wherewithal to make good on their mortgages but failed to do so.
September 27 -
A mortgage software provider recently launched a tool that unifies compliance tracking and rules application within a common management framework to monitor if a loan is delinquent.
September 27 -
A mortgage firms initial public offering can be filed with the Securities and Exchange Commission in secret.
September 26 -
California wants to kick-start the residential side of the state's Property Assessed Clean Energy program by setting up a $10 million reserve fund that would reimburse Fannie Mae and Freddie Mac for any losses incurred from PACE liens.
September 26 -
Eleven defendants, including five licensed loan originators, have been indicted for a mortgage fraud scheme that cost lenders $8 million.
September 26 -
The index of pending home sales fell 1.6%, after a revised 1.4% decrease in July that was bigger than initially reported.
September 26 -
Credit Suisse Group AG was sued in New York over $359 million worth of residential mortgage-backed securities by an entity that manages distressed debt.
September 26 -
As the last day of hearings on the $8.5 billion Countrywide settlement closed without a conclusion, analysts warned investors wait for payouts could be much longer.
September 26 -
At 4.32%, the weekly survey average for the 30-year rate is the lowest it has been since the week ending July 25, according to Freddie Mac.
September 26 -
Sometimes the best buyers turn out to be sellers.
September 26 -
Forecasting the future of Fannie Mae and Freddie Mac is always a tricky business.
September 26 -
The Department of Housing and Urban Development has awarded $38.3 million in grants to fair housing organizations.
September 25 -
Youd need a Shakespeare to do justice to the struggle over LO compensation.
September 25 -
The NFHA has decided to amend its original complaint because the ongoing investigation found five more cities that have housing discrimination characteristics which violate the Fair Housing Act.
September 25 -
Goldman Sachs Group, JPMorgan Chase and billionaire George Soros are poised for gains from a housing bet placed in the depths of the financial crisis.
September 25 -
Two men from Tucson, Ariz., were sentenced to federal prison for their roles in a mortgage fraud scheme that resulted in lenders losing at least $3.1 million.
September 25 -
Lax mortgage standards and an unhealthy amount of risk taken by financial institutions and other market participants led to an economy that was not rooted in reality.
September 25 -
The Consumer Financial Protection Bureau is hardly an inscrutable agency.
September 25 -
A CoreLogic report revealed that fraud risk among mortgage applications is down nationwide in the second quarter.
September 25 -
Providing incomplete information can mean heavy fines or worse, making it crucial for mortgage companies to have proper compliance technology in place.
September 24






