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 FBI has arrested 15 individuals in several ultra-Orthodox Jewish communities involving a rich man, poor man mortgage and welfare fraud scheme.
The regulator says some disabled consumers have complained they have been grilled excessively during mortgage process.
October housing starts and permits are expected to increase, but multifamily development will still outpaced single-family construction.
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A month after the massive JPMorgan security breach, two democrats are asking multiple financial institutions to explain how the breaches happened and to be transparent about what they lost.
Released this morning, the NAHB's builder sentiment shows homebuilders are more optimistic as low interest rates and a strengthening employment market help boost sales.