Regulation and compliance
Regulation and compliance
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Home equity loans are one type of loan product expected to pick up as refinances dwindle, according to an ISGN executive.
September 13 -
Moody's Investors Service has corrected and upgraded the ratings of three vintage securities backed by subprime mortgage loans that were issued by Novastar Mortgage Funding Trust from 2003 and 2004.
September 13 -
A property manager and a straw purchaser admitted to participating in a multimillion-dollar scheme that defrauded financial institutions by using phony documents and straw buyers to make illegal profits.
September 13 -
The top leaders of the Senate Banking Committee said they intend to reach a bipartisan agreement by yearend on a bill to revamp the mortgage finance system despite fears that the issue is losing momentum.
September 13 -
Mounting regulationsand legislation still to unfoldcontinue to cause an extraordinary amount of concern for servicers.
September 13 -
For the most part what we are hearing is aggravation for title underwriters relating to their title agents.
September 12 -
Analysts continue to address single-family foreclosure-to-rent properties as an emerging asset class, but there is consensus this segment of the REO market is on solid growth mode.
September 12 -
BlackRock, Pacific Investment Management, DoubleLine Capital and other bondholders are asking a court to block a proposal by Richmond, Calif., to seize underwater mortgages through eminent domain.
September 12 -
Although risk management has been divided into specialty areas such as quality assurance, quality control, vendor risk management or fraud prevention, many are transitioning toward a more holistic approach.
September 11 -
A credit risk specialist at the Office of the Comptroller of the Currency is warning banks to prepare for increasing losses on their home equity lines of credit over the next four years.
September 11 -
A mortgage fraud ring of professionals operating in Syracuse allegedly obtained more than $1 million from lenders while preying on first-time home buyers and taxpayers.
September 11 -
Bankers at the American Mortgage Conference this year are seeking answers about how to handle renewed volatility in the market.
September 11 -
The nations community bankers have serious concerns about the new National Flood Insurance Program slated to take effect next month.
September 11 -
The Richmond, Calif., City Council refused to shelve a plan to seize mortgages that exceed the value of their properties, which has spurred lawsuits by U.S. banks including Wells Fargo.
September 11 -
A former mortgage broker who had worked for a business in Beaverton, Ore., faces more than four years of prison time.
September 11 -
The Chubb Group of Insurance Companies has developed a solution for smaller-size businesses for which cyber-crime-related data breaches are as challenging as prevention costs.
September 11 -
Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, said Tuesday that she is preparing to unveil an alternative housing finance reform proposal to rival more conservative legislation backed by many House Republicans.
September 11 -
JPMorgan Chase is easing mortgage lending standards in housing markets hard hit by the crash where prices are surging.
September 11 -
We're hearing recent reform offers Home Equity Conversion Mortgages more hope.
September 10






