The banking giant has paid almost all of the $7 billion in consumer relief it owes as part of a settlement with state and federal authorities over shoddy mortgage bonds
Steve Mnuchin, President-elect Donald Trump’s nominee to head up the Treasury Department, will resign his role on the board of commercial banking company CIT Group
Sales of new single-family homes were up in April, but economists said the market wasn’t picking up fast enough.
When the market is tough -- as it has been for several years -- mortgage pros need all the encouragement they can get
Hobe Sound, Fla., is the No. 1 beach town in America, according to a study accounting for home values, crime rate, weather and air quality
When there's volatility in the market, asking ourselves why can spare us from making unnecessary and harmful changes. Sometimes, the market is simply random.
MBS prices were up eight basis points this morning after a five-point slide yesterday, and April home sales were better than expected. All this and more in today's rate snapshot
Mortgage bankers’ average profits saw a dramatic drop between 2012 and 2013, though the Mortgage Bankers Association still termed last year’s performance “respectable”