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
A second tier has vowed to continue picking up the slack left by lenders exiting the wholesale channel
The average FICO score on closed loans has fallen to its lowest in nearly two years
Originators looking for future housing hotspots should focus on areas highlighted in a new report
A boost in lending is on the way due to active home building and a rise in new home sales, according to industry figures
Winning in today’s competitive housing market could be more straightforward than you think.
Despite the housing recovery and home sales running 10.3 percent above the level of a year ago, mortgage originations are falling, signaling weakening refinancings.