"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
Debate is intensifying over the PATH Act, which supporters portray as a path toward a healthier housing market, and critics portray as the highway to mortgage hell
Home prices across the country continue to rise, as the time houses spend on the market declines
Industry figures have blasted the 3% points and fees cap, while supporting legislation that would amend the way the cap is calculated
In spite of a costly settlement with the FHFA over bad MBS sales, one of Europe's largest banks has beaten profit forecasts
Homes sales dipped in June, but the real estate industry says there is still momentum in the market
The Department of Housing and Urban Development released a drafted rule Friday that would make it more difficult for state and local grantees to misapply government program funds