It should be noted that after the FHFA IG report was released, the share value of Nationstar, Ocwen and Walter all suffered in trading...

The Consumer Financial Protection Bureau is picking up where HUD left off, and then some, said one senior attorney.

Oh, the irony: tough compliance regulations drive up the cost of renovating the HQ of the Consumer Financial Protection Bureau.

NAMB estimates that during the same year brokers nationwide rebated upwards of $2 billion to consumers at the closing table.

For such assignees, the bureau would select one of the following alternative periods for the right to cure: 270 days after loan delivery, or 120 days after such assignee’s discovery of non-compliance.

Will a coming boom in the production of non-qualified mortgages help residential lenders survive the origination slump?

But it’s not just talk of capital standards for nonbanks that has some in the industry spooked – it’s the issue of what constitutes capital.

The FHFA IG seems to be singling out one nonbank megaservicer in particular. But the Inspector General isn't naming names...

To participate in the MSR market, institutional investors must partner with licensed and compliant servicers.

The downfall of Community Home is intriguing: the servicer closed its Jackson office and had customers send payments to Las Vegas. From there, payments were sent to a location in Costa Rica, according to AP.