Tag Archives: Compliance

DS News sat down with John Vella, Chief Revenue Officer at Altisource Portfolio Solutions, to talk about compliance with Federal Housing Administration loans, delinquency risks, and more in this exclusive interview.

The Legal League 100 held an industry webinar Thursday afternoon to discuss changes in CFPB’s servicing rules. Three expert panelists joined the discussion to help ensure understanding and compliance.

Nationwide Title Clearing announced recently that Greg McCoskey has been hired as the company's Lead General Counsel. McCoskey’s responsibilities will include working with the operations and management teams to provide counsel on corporate and litigation matters for NTC and to ensuring that NTC's customers remain insulated from statutory non-compliance risk for any operation outsourced to NTC.

For three consecutive years, the CFPB found error rates at Nationwide of 13 percent in 2012, 33 percent in 2013, and 24 percent in 2014.

The National Association of Mortgage Field Services has created a Compliance Working Group with the goal of standardizing compliance for the mortgage field services industry,

The latest report by the Office of the Comptroller of the Currency outlined various risk trends within the financial industry. What do these trends mean for compliance and security?

MetaSource has announced a partnership with ComplianceEase that allows for automated compliance testing on loans.

Compliance has been a major topic of interest, and in many cases a topic of concern, in the mortgage industry in the wake of post-crisis Wall Street reform legislation.

IDS and LendingQB announced that they have successfully implemented the MISMO 3.3 data standard for document compliance, and are among the first mortgage vendors to do so.

Josh Podolsky, partner in the Tampa office of Phelps Dunbar LLP, spoke with DS News about the issues that some of his firm’s servicer clients are faced with in this current market.