Thornburg Mortgage reports 2006 EPS of $2.58

Feb 06, 2007

ComplianceEase expands ComplianceAnalyzerMortgagePress.comAutomated mortgage compliance ComplianceEase has expanded the capacity of its automated mortgage compliance system, ComplianceAnalyzer, to include more non-traditional, interest-only and option adjustable-rate mortgage loan products. ComplianceAnalyzer's added capabilities enable lenders to not only double-check calculations on Truth in Lending statements, but also minimize the risk of compliance violations on a greater percentage of their loans. San Francisco-based ComplianceEase is a provider of business solutions to the financial services industry. For more information, call (866) 212-3273 or visit www.complianceease.com.

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Feb 06, 2007

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....