Regulation and compliance
Regulation and compliance
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We're hearing the re-emergence of some pre-crisis features in post-crisis jumbo securities is not necessarily a bad thing but investors should be aware of their risks.
September 24 -
Wells Fargo persuaded a U.S. judge to dismiss some claims against it in a lawsuit by the federal government accusing the lender of home mortgage fraud because they were filed too late.
September 24 -
Banks can expect changes to federal reporting requirements for mortgage data, according to the head of the Consumer Financial Protection Bureau.
September 24 -
Kenneth Tebbs has been sentenced to 78 months in prison after pleading guilty to one count of wire fraud in connection with a real estate investment scheme.
September 24 -
One mortgage executive pointed out that a complaint about a mortgage or servicing is a lot more personal than the standard banking complaint.
September 24 -
Keep Your Home California launched an online Servicer Scorecard that allows distressed borrowers to monitor how their mortgage servicer is working with the state-run program to avoid foreclosure.
September 23 -
The company said its trading suspension order will remain in effect for the ten-business-day period ending Oct. 1 with shares eligible to resume trading on Oct. 2.
September 23 -
Barclays latest regional housing update report singles out Meritage as the builder with the most attractive metropolitan statistical area exposure among homebuilders.
September 23 -
RES.NET has improved its technology to help make the resale transaction process more expedient and simple for brokerage companies.
September 23 -
The restitution may make the credit unions whole as separate settlements with their insurer, CUMIS Insurance Society, and Fannie Mae preceded it.
September 23 -
Issuers in the reviving market for U.S. mortgage securities are creating debt with features not seen since before the financial crisis that can increase risks for certain investors.
September 23 -
This technology takes the full appraisal report and looks for red flags for the mortgage underwriter to follow up on.
September 23 -
FirstREX said it has been offering the financing for up to half the downpayment on purchase loans in combination with RPM Mortgage.
September 20 -
We're hearing the mortgage industry is looking favorably on the latest Federal Reserve Board easing plan.
September 20 -
The California Association of Realtors expressed dissatisfaction that the California Assembly Appropriations Committee failed to sign Senate Bill 30 before leaving for adjournment at the beginning of this month.
September 20 -
Large federal flood insurance rate increases that phase in starting Oct. 1 threaten to derail the slowly improving economy in Southeastern Gulf coast states, regional officials said.
September 20 -
The claims are part of a suit seeking $629 million in damages from RBS Securities and several mortgage originators.
September 20 -
We're hearing from the U.S. Court of Appeals, Seventh Circuit, where not one but two cases involving the same Wisconsin mortgage broker were decided.
September 19 -
The country's largest trade group is challenging possible plans by the Federal Housing Finance Agency to arbitrarily lower the conforming loan limit in an attempt to bring private capital back to the mortgage market.
September 19 -
The man who operated one of the largest bank frauds in Virginias history that affected borrowers, employees, investors and the nearby community has been sentenced to 17 years in federal prison.
September 18







