A Fed official draws parallels between Wells Fargo’s ongoing fake-accounts scandal, while a top Democrat accuses the bank of dodging congressional inquiries
Just four years after opening an office it expected to bring up to 800 jobs to upstate New York, PHH is shutting down the location and pink-slipping almost all of its employees there
When we think about mergers and acquisitions, we usually tend to focus on the numbers. However, we're fooling ourselves if we think that's all there is to it.
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.