The move comes as a response to anticipated dull market conditions
The two are part of its efforts to minimize taxpayer risk by increasing private capital’s role in the mortgage market
The lending giant has asked a federal judge to impose no penalty despite being found liable for fraud over the sale of shoddy mortgages by its Countrywide Financial unit.
The head of the Consumer Financial Protection Bureau announced a new rule to simplify mortgage forms Wednesday – but some industry groups are calling it an undue burden on smaller lenders.
A former Connecticut mayoral candidate has pleaded guilty for her part in a multimillion-dollar mortgage fraud scheme.
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.