Compliance | National Mortgage Professional Magazine
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Compliance

Sherrod Brown
Sen. Sherrod Brown (D-OH), the ranking member of the Senate Banking Committee, is reportedly considering a run for his party’s 2020 presidential nomination.   According to a Columbus Dispatch report, Brown claims that he has been hearing “sort of a crescendo” of interest from voters who believe he... Keep Reading....
Swiss-based bank UBS’ announcement that the Department of Justice (DOJ) was preparing a civil action related to 40 residential mortgage-backed securities (RMBS) deals from 2006 through 2007 came to fruition sooner than later
Swiss-based bank UBS’ announcement that the Department of Justice (DOJ) was preparing a civil action related to 40 residential mortgage-backed securities (RMBS) deals from 2006 through 2007 came to fruition sooner than later.   The DOJ filed a lawsuit in federal court for the Eastern District of... more
With Rep. Maxine Waters (D-CA) poised to take the chairmanship of the Financial Services Committee when the Democrats regain control of the House of Representatives, Rep. Patrick McHenry (R-NC) is seeking to become the committee’s ranking member
With Rep. Maxine Waters (D-CA) poised to take the chairmanship of the Financial Services Committee when the Democrats regain control of the House of Representatives, Rep. Patrick McHenry (R-NC) is seeking to become the committee’s ranking member.   According to a report in The Hill, McHenry is the... more
The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) released new loan-level dataset collected through the National Survey of Mortgage Originations (NSMO)
The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) released new loan-level dataset collected through the National Survey of Mortgage Originations (NSMO) that is designed to offer that insight on borrowers’ experiences when applying for a residential... more
Ditech Holding, a Fort Washington, Pa.-based originator and servicer of mortgages and a servicer of reverse mortgages, has been delisted from the New York Stock Exchange (NYSE)
Ditech Holding, a Fort Washington, Pa.-based originator and servicer of mortgages and a servicer of reverse mortgages, has been delisted from the New York Stock Exchange (NYSE).   The company released a statement that the NYSE also suspended trading of its securities. “The NYSE reached its decision... more