Will CFPB delay QM implementation? No way
CFPB director Richard Cordray has ruled out any possibility that lenders will be given more time to implement new regulations
FHA drastically reduces waiting times for foreclosures, bankruptcies
The FHA has made it drastically easier for once-struggling homeowners to qualify for a loan backed by the agency
House prices, sales up for 18th consecutive month
Home sales and prices are up for the 18th month in a row, and inventory may finally be catching up as well, new data has suggested
Fed could taper soon as cautious first step
The Fed could begin tapering its bond buying next month, but the decision would be a "cautious first step"
Bankruptcy won't save ResCap from FHFA lawsuit
A judge has ruled that the bankruptcy of Ally Financial's mortgage unit won't save it from a lawsuit by the FHFA
Minorities unfairly pushed into subprime, study finds
A new study has found that wealthy minorities were more likely to be denied prime loans than affluent whites, and has partially blamed the proliferation of subprime lenders leading up to the housing crash on racial discrimination
Plan to save underwater borrowers draws court action from lending giants
An eminent domain play to save underwater borrowers isn't sitting well with a some of the nation's large investors and lenders
CFPB blasted by Congressional committee over ex-members' 'extortion racket'
A Congressional committee has expressed concern over a business launched by former CFPB employees, with a former White House official dubbing it 'an extortion racket'
Major bank forking over half-a-billion in toxic mortgage settlement
One of the nation's largest banks will shell out more than half-a-billion dollars in a settlement with investors over toxic mortgage assets
Home prices surging, but bubble fears unfounded
House prices have surged in the first quarter of 2013, but a housing analyst has said the rise is no indication that the U.S. is headed for a bubble