Compliance & Regulation

As this year's natural disasters bring heightened attention to the cost and availability of homeowners insurance, servicers often find themselves caught in the middle when customers see premium hikes.

Flood maps, which designate areas where mortgage borrowers must buy policies are often out of date and don't focus on the danger of rain-caused issues.

The perpetrator faces up to 150 years in prison, with sentencing scheduled for December.

The deal reunites the executive that heads up Securent Risk Retention Group with former colleagues and allows SitusAMC to support growth for other business lines.

The disaster underscores Americans' dangerously low levels of flood insurance coverage, especially away from coastal areas. 

Servicers have been concerned about prepayments and delinquencies picking up in a lower rate environment, and both have been notably higher in the short term.

Awareness of disaster risk has increased in the public and private sectors, and it appears to be prompting more interest in home improvements in particular.

Trended credit data that the industry's increasingly required to use could help mortgage firms better forecast delinquencies and prepayments, a new study finds.

Tim Ryan, who joined the megabank in June, will work with COO Anand Selva to oversee enhancements to Citigroup's data integrity systems, according to a memo.

A former housing regulator confirmed that he anticipates a release from conservatorship would occur if Trump's elected, adding to other signs a plan is brewing.