Risk management

Housing and Urban Development Secretary Julian Castro moved swiftly on Thursday to defend pending cuts to the Federal Housing Administration's premiums, rebutting GOP arguments they are premature.

Lenda, a new mortgage company backed by Silicon Valley investors, wants to supplant the traditional loan officer with consumer self-service technology.

The amount of commercial mortgage debt maturing is set to spike this year, when loans taken out during the height of the real estate bubble start coming due.

The residential and mortgage-backed securities market has seen "substantial improvements," according to Fitch Ratings.

With Republicans now controlling both chambers of Congress and signals from Democrats that they are open to alterations, revisions to Dodd-Frank are at the top of the agenda in addition to other subjects, like terrorism insurance and housing finance reform.

When reading a CBO report, be sure to read all the words, carefully.

SecurityNational Mortgage has reached a settlement with Bank of America to resolve a financial crisis-era dispute over the companies' loan purchase agreements.

As a result of certain court decisions, government agencies like the Federal Housing Administration have even more latitude in pursuing these claims against lenders.

Royal Bank of Scotland Group could pay a fine to settle claims of misconduct in its handling of U.S. mortgage securities as early as this quarter, a person with knowledge of the matter said.

SunTrust Banks will provision $145 million in its fourth quarter results for legal expenses related to previously disclosed mortgage issues, the company said in a regulatory filing Monday.

The CFPB’s rapid pace is likely to continue this year as it tackles some of its trickiest areas yet, including payday loans, debt collection and overdraft protection, which are likely to have a significant impact on the financial services arena.

Kenneth Phelan was hired by the U.S. Treasury Department for the newly created position of chief risk officer, a role he previously took at Royal Bank of Scotland Group and Fannie Mae in the aftermath of the financial crisis.

Royal Bank of Scotland Group fell after the Times reported in London that the U.K. lender could pay at least $7.7 billion to resolve claims of misconduct in its handling of U.S. mortgage securities.

Take a look back at National Mortgage News' top stories of 2014.

Bank servicers have a compliance dilemma: they need to quickly shed mortgage-servicing rights ahead of Basel III at a time when regulators are keeping a close watch on the manner in which transfers are handled.

Ocwen Financial's settlement with New York regulators could have a negative impact on the cash flows of mortgage bonds heavily exposed to loans serviced by Ocwen in that state, according to Moody's Investors Service.

Incentives for companies aren't the same as incentives for people. The QRM risk-retention rule doesn't solve "IBG, YBG" — "I'll be gone, you'll be gone." Banks appear to have been slow to adopt clawback policies for individual lenders.

After 2014's sweeping reforms, which put huge strain on lenders' operations, 2015 may not look so bad. But big potential changes still loom

The guarantee fees collected by Fannie Mae and Freddie Mac could be used as a tool to moderate the boom and bust cycles in the housing market, according to a new report by a Treasury Department office.

Experian will now offer FICO credit scores through its direct-to-consumer products, the Costa Mesa, Calif.-based credit bureau announced today.