"The CFPB settled for less than 1% of what Wells Fargo should have paid for its fake-accounts scandal, a newly revealed memo indicates"
Housing starts fell slightly during the month, but housing permits posted an improvement from July
The nation's biggest bank has already announced thousands of layoffs this year. Now thousands more job cuts could be on the books, company sources say
Calling the currently stalled Senate plan to wind down Fannie and Freddie "a grave misstep," a former Fannie exec says that since Congress can't agree on meaningful GSE reform, FHFA Director Mel Watt should take his own steps
Applications for new home purchases rose in April, according to new data
The recent failure of Ellie Mae's Encompass software left many mortgage providers unable to process loans. What were providers to do? Industry veteran David Lykken talks about the importance of staying nimble when technology fails
A home in New York's Hamptons is scheduled for foreclosure auction. More than $10.5 million is owed on the 8,100-square-foot mansion -- a record for the area
The chairman of the Senate Banking Committee has scheduled a hearing to further consider a bill that would wind down Fannie and Freddie. But with key Democrats withdrawing their support, is he just grasping at straws?