Industry groups laud the plan to privatize Fannie and Freddie – but one community outreach organization says the plan will be "devastating" to the working class
In February, the agency's constitutionality was upheld by a federal appeals court in Washington
More than a dozen people have been charged in what federal prosecutors are calling a multimillion-dollar mortgage fraud scheme.
Commercial real estate is seeing modest but steady growth, but tight credit standards continue to slow recovery.
The percentage of underwater homeowners fell at the fastest pace on record in the third quarter.
The agency that oversees Fannie Mae and Freddie Mac is going ahead with plans to scale down their financing of multifamily mortgages next year despite heated opposition from industry groups.
JPMorgan tweeted earlier this week that they were taking questions on the hashtag #ASKJPM. Predictably, it all went horribly wrong.
The Consumer Financial Protection Bureau has backed down on a rule that would have wound title insurance into total costs listed on a mortgage form after industry pressure.