Most of the mortgage fraud investigations in 2013 that involved industry professionals were about misrepresentations on loan documents, evidence that the market remains fertile for fraud, according to a new LexisNexis report. Focusing on proven incidences of fraud, the report found that the share of loans investigated in 2013 for misrepresentation on the credit report, credit history or references rose to 17 percent from 5 percent in 2012. Notably, property valuation fraud ...

The 2013 GSE book of business is getting a lot more attention from Fannie Mae and Freddie Mac.

A spokesman for Royce recently told IMFnews that the Congressman will look “to get something through the 114th Congress to put a stop to this…”

Okay, so maybe the reintroduction of 97 percent LTV loans is not a game-changer...

The CMC believes that servicers should not be required to verify flood insurance coverage on existing loans when the escrow option becomes effective.

The category of “incorrect information” continues to make up the lion’s share of the complaints, ICFPB found.

The latest entry into the Ocwen legal sweepstakes is Lifshitz & Miller, Garden City, NY, whose specialties include class action lawsuits.

We continue to hear reports about a new player in the warehouse lending space that is offering attractive borrowing rates that appear too good to be true.

Radian, said Ibraham, expects to be fully compliant with the PMIER rules and the sale of RAA will help the company “accelerate our ability to do so.”

Associates of Erbey told IMFnews that he knew several weeks ago that he would be stepping down from the company and viewed himself as a sacrificial lamb of sorts…