The federal government wants Bank of America to fork over $863.6 million in damages following a jury finding the lender liable for fraud over shoddy mortgages sold by its Countrywide unit
Ed DeMarco is accusing investors of amnesia as he continues taking steps to bury Fannie Mae and Freddie Mac
Three California real estate professionals, including a father and son, have pleaded guilty for their involvement in a $29 million mortgage fraud scheme that ran from 2004 to 2007
Bank of America has asked a federal court to throw out two government lawsuits alleging that the lender defrauded investors in mortgage-backed securities during the financial meltdown
Some investors are speculating that the Fed may wind back its $85bn-per-month bond-buying program sooner than expected, perhaps fueling a hike in mortgage rates.
Fannie Mae and Freddie Mac continue to pump money into the Treasury even as lawmakers plot their demise. But industry pros warn that burying the GSEs could hike mortgage rates and strangle competition.
An Ohio couple was sentenced Wednesday for a $9 million mortgage fraud scheme that reached all the way to Florida
It turns out Bank of America isn’t the only big lender in hot water over allegations of discriminatory practices, as a large lender's subsidiary has agreed to settle over allegations that it discriminated against African American and Hispan ...
Wells Fargo has reached a $335 million settlement with the federal government over claims it misled investors about the quality of mortgage-backed securities
The Federal Housing Finance Agency has fulfilled a promise it made last March, on Tuesday instructing Fannie Mae and Freddie Mac to prohibit mortgage servicers from being reimbursed for expenses related to lender-placed insurance