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
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.
Prosecutors say two former mortgage brokers scammed loan money from investors but never paid borrowers.
Standard & Poor’s couldn’t get a judge to agree last week to throw out a lawsuit filed against it by the California attorney general, who seeks to hold the company to account for $1bn in losses by state pension funds.
A new rule that would require simplified mortgage paperwork reportedly won’t include an exemption for small lenders.
After weeks of often tense negotiations, the nation's biggest bank appears ready to sign an agreement to settle claims it sold shoddy mortgages to investors.