The president's recent criticism of the Fed could lead it to take more aggressive action on interest rates to prove its independence
Higher mortgage rates are expected to constrain origination volumes
The N.Y. Attorney General, who accused the lender of failing to comply with several mortgage servicing standards, doesn't think so. A federal judge recently ruled on the case.
Standard & Poor is completing settlements with regulators over accusations it knowingly inflated its ratings of risky mortgage investments during the run up to financial crisis.
Home prices grew in most U.S. cities last year, but which market was the top growing one in 2014?
The ratings company is under investigation for inflating ratings of subprime mortgages and some analysts say it may face a lesser punishment.
The president’s proposed budget shows a slowdown in the fund over the next two years and a bump in HUD’s FY2016 budget.
Monthly prepayment rate is highest since February 2009 as lenders have been recovering greater gross percentages of unpaid balances through REO liquidations than through short sales.