A large proportion of loans Wells Fargo sold prior to the financial crisis didn't meet the bank’s own quality standards, authorities say
The Federal Reserve announced the decision after a meeting of its board of governors
A new survey has found concern over rising mortgage rates is surging
Mortgage rates have eased further, perhaps alleviating fears of a housing market slowdown
A bond analyst has warned originators to prepare themselves for a reversal in rate trends, even after two weeks of easing mortgage rates
As major lenders start releasing their second quarter earnings reports, Fitch Ratings says future filings will show the impact of higher interest rates on banks' mortgage earnings
Anyone buying a home is all too familiar with the fact interest rates have risen sharply and dramatically in the last several weeks. Buyers and homeowners alike, should expect rates to be at these levels as long as positive economic data continues to surface in the financial markets.
After a rollercoaster week last week, are we set for more rate volatility? MBS Authority senior bond analyst Bryan McNee has explained what to expect for the week ahead