The mortgage servicing giant says it will ‘vigorously defend’ against what it calls ‘unfair and unjust’ enforcement actions
A recent study found that the mortgage process consumes paper equivalent to 264,000 trees each year
Our "Lenders Wanted” section connects originators with lenders who can fund tough-to-finance loans
An internal fight at the SEC is stalling the last piece of Bank of America's record $16.7 billion mortgage settlement with the U.S. government.
The increase was the lowest since November 2012 and is another indication that lending standards need to be loosened, says Shirmeyer.
The FHFA’s plan to buy mortgages with higher loan-to-values leaves less room for private capital in the market, according to the global rating agency.
The rash of suicides earlier this year sent a shudder through Wall Street, and now, after a calm summer, two prominent bankers have taken their lives.
On Tuesday, MPA ran a story headlined, "VA housing boom: Are you in?" This story was inadvertently credited to Rachel Norvell. The actual author of the story was Kenneth Harney of the Washington Post Writers Group. We regret the error.