The DOJ will sue the ratings agency over ratings it gave risky mortgage-backed securities in the run-up to the financial crisis
The chairman of the House Financial Services Committee says that a recent court ruling means the CFPB will have to comply with executive orders limiting its rule-making ability
A politician slammed the Consumer Financial Protection Bureau today for its 'breathtaking lack of accountability.'
JPMorgan agreed to a landmark payout Tuesday to resolve claims against its sales of mortgage-backed securities.
Existing-home sales dropped in October, and industry experts say that to reverse the trend, borrowers need more credit access and inventory needs to increase.
Prosecutors say two former mortgage brokers scammed loan money from investors but never paid borrowers.
Standard & Poor’s couldn’t get a judge to agree last week to throw out a lawsuit filed against it by the California attorney general, who seeks to hold the company to account for $1bn in losses by state pension funds.
A new rule that would require simplified mortgage paperwork reportedly won’t include an exemption for small lenders.