The DOJ will sue the ratings agency over ratings it gave risky mortgage-backed securities in the run-up to the financial crisis
The chairman of the House Financial Services Committee says that a recent court ruling means the CFPB will have to comply with executive orders limiting its rule-making ability
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The mortgages are specifically designed and offered to teachers and public employees and feature 20- and 25-year terms.
New home sales hold steady… European investors flock to Manhattan’s real estate… Seattle sees surge in residential towers as more people move downtown…
The new integrated disclosure rule set to take effect in August will combine some disclosures consumers receive when applying for a mortgage. We asked mortgage pros how they think the new rules will affect business.
Concerns over the GSEs weak earnings “should serve as a wake-up call to Congress to move quickly to advance housing finance reform,” according to NAHB chairman.
The two banks are inching closer to a settlement with federal litigators regarding allegations the two Wall Street companies mislead investors in mortgage bonds that decreased in value during the economic downturn.