After agreeing to pay $110 million just last month to settle claims over its fake-account scandal, the banking giant has just tacked millions more onto the payout
The plan would, among other changes, create a federal insurance fund that would insure mortgage-backed securities
The share of home purchase loans made to minorities and low-income borrowers keeps declining, according to new federal data.
When experts recommend that families stay close by finding things to do together, they probably don’t mean massive mortgage fraud. But that’s how one Colorado family passed the time, according to the state’s attorney general
As a leader in your organization, it can be very easy to become a finger pointer. But instead of blaming and chastising, how can you help your people improve?
MBS prices were down this morning, and new home sales spiked in August. All this and more in today's rate snapshot
Lenders like JPMorgan Chase and Bank of America continue to cut a swath through their mortgage departments, handing thousands of employees their walking papers
With the advent of the CFPB’s qualified mortgage rule in January, many originators worried that QM restrictions would deal a deathblow to their businesses. But with the proper precautions, there’s no reason why non-QM loans can’t be a profitable channel for brokers