The nation’s largest mortgage lender has announced it will close more than 400 branches in the next two years as its bottom line suffers in the wake of the fake-accounts scandal
Rise in mortgage expectations weakened home purchase sentiment
The regulator says mortgages and debt collection are among the most frequent complaints and the new policy allows consumers to voice publicly their complaints about consumer financial products and services.
While not everyone agrees on the future of Fannie Mae and Freddie Mac, one thing is certain – it’s current state is unsustainable.
Since 2007, when John Stumpf was appointed CEO, the bank's shares have increase by about 55%. Does his pay reflect that growth, and how does it compare to other big bank CEOs?
The housing market is picking up, slowly but surely, and so is construction spending and commercial and homebuilding. But what about mortgage brokerage?
While thousands sit on The Chicago Housing Authority’s waitlist for affordable housing, housing agency officials have used the funds for other things, including boosting the agency's pension, purchase government debt and build up a cash reserve.
Will they, won't they, when will they? The recent FOMC meeting gives us some answers.