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
Normally, defaulting on a mortgage doesn't result in the borrower retaining ownership of his or her home, but that's exactly what happened for a New Jersey man.
The agency released its annual independent report on its Mutual Mortgage Insurance Fund for single-family programs. While the fund has improved, it still falls short of last year’s projection.
As the mortgage industry continues to grapple with ever-changing regulations, training and education has become even more of a vital component when choosing which wholesaler to use – and surprisingly few manage to get top marks for this.
Our "Lenders Wanted” section connects originators with lenders who can fund tough-to-finance loans.
The housing market continues its slow trend toward historical norms, while analysts wait in anticipation for the release of the latest Fed's meeting minutes. Any strong hints that the Fed may change course at December’s meeting could push rates upward.
Should a second mortgage on an underwater home be voided during bankruptcy if the home’s value has dropped below the first mortgage’s balance?