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
The number of borrowers with negative equity is down almost 30% from last year, according to a new report
What markets are most affordable for young people?
The head of the nation's largest mortgage lender says that while mortgage demand is rising, there are too many stumbling blocks for a true housing boom this year.
Despite record profits, Fannie Mae and Freddie Mac would still need billions of dollars from the Treasury in the event of another housing meltdown
Refis were up in the first quarter, the result of lower mortgage rates
Mortgage applications dropped last week, while refis hit their lowest level since September