The government accused the mortgage company of falsely certifying loans for the FHA insurance program
Loosening underwriting standards may cause trouble
A Georgetown University law professor says the settlement, which was agreed upon in 2011, isn't fair to bondholders.
Housing affordability continued to slide in the third quarter, spurred by rising rates and increased prices.
Mortgage applications for new home purchases were up in October.
Customers are more satisfied with the mortgage process than they have been in years.
An increase in judicial foreclosure actions led to an uptick in foreclosure filings last month.
HUD has been selling underperforming mortgages in an effort to keep homeowners in their houses, but the agency decided the bids on the latest batch were too low to accept.