Rising rates and increased competition are shrinking profit margins. Still, lenders are more optimistic about the economy than they’ve been in years
The CFPB is proposing a regulatory amendment that would give lenders more leeway in collecting certain demographic information about borrowers
Industry veteran David Lykken sounds off on the inevitability of regulation
According to a new study, a decline in the number of distressed loans has led to a plummeting rate of underwater mortgages
The Justice Department will be pursuing criminal charges against various big banks in the coming weeks and months, the attorney general says
Turmoil in Ukraine and weakness out of China are moving rates and pressuring the stock market, and Janet Yellen is scheduled to testify before Congress this week. How will her testimony move the markets? And what will military escalation in Ukraine mean for the US and European economies?
A major mortgage servicer is about to start handing out $1,000 checks -- as compensation for foreclosure problems borrowers never experienced. And the reasoning behind the payout highlights problems with the government's foreclosure settlements.
The Federal Reserve will likely finish tapering its bond-buying stimulus late this year, and may then consider raising interest rates, according to a senior Fed official