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A new proposal to revamp the mortgage interest deduction created more confusion for the mortgage industry this past week.
Policymakers on both sides have been toying with the idea of enacting changes to the mortgage interest deduction as a means to cut the nation's growing federal deficit...
A new proposal to revamp the mortgage interest deduction created more confusion for the mortgage industry this past week.
Policymakers on both sides have been toying with the idea of enacting changes to the mortgage interest deduction as a means to cut the nation's growing federal deficit...
Citigroup will pay certain investors in previous bond and stock offerings $730 million in cash to resolve claims that the mega bank misrepresented financial risks from its exposure to mortgage-backed securities.
According to the plaintiff’s lawyers, BLB&G...
The fourth quarter of 2012 ended with another 200,000 underwater borrowers moving to a state of positive equity, meaning they no longer owe more on their mortgages than their homes are worth, CoreLogic...
Prominent state attorneys general are calling on Capitol Hill to remove Ed DeMarco, the acting director of the Federal Housing Finance Agency, urging for a new permanent director.
Attorneys general are pressing President Barack Obama to replace the FHFA head because they...
Prominent state attorneys general are calling on Capitol Hill to remove Ed DeMarco, the acting director of the Federal Housing Finance Agency, urging for a new permanent director.
Attorneys general are pressing President Barack Obama to replace the FHFA head because they...
HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend, with more coverage on bigger issues.
...The Federal Reserve rejected capital plans submitted for review by Ally Financial Inc. and BB&T Corp. on Thursday.
The banks plans were shot down after the Fed finalized its review of the firms' capital planning processes and reserves...
Entities created to safeguard the nation's financial system lack the tools needed to detect financial risks early on, a government watchdog group said Thursday.
The Treasury's Financial Stability Oversight Council (FSOC) was created after the 2008 market crash to study...
The Mortgage Bankers Association supports a proposed House Bill that, if enacted, would revamp how points and fees are calculated under the Dodd-Frank Act/Ability-to-Repay Rule.
The bill would allow more loans to qualify as QM mortgages under the ability to repay rule,...
The Mortgage Bankers Association supports a proposed House Bill that, if enacted, would revamp how points and fees are calculated under the Dodd-Frank Act/Ability-to-Repay Rule.
The bill would allow more loans to qualify as QM mortgages under the ability to repay rule,...
Fixed-mortgage rates rose from the previous week after remaining mostly unchanged, Freddie Mac said in its Primary Mortgage Market Survey.
The 30-year, fixed-...
Five years after the banking crisis, Federal Deposit Insurance Corp. Chairperson Martin Gruenberg is growing optimistic on improving credit quality, falling delinquencies and rising loan balances.
Annual income for the banking industry hit $141 billion in 2012, the...
U.S. lawmakers mulled over the differences between loans backed by the Federal Housing Administration and private insurers Wednesday, noting that FHA continues to put taxpayers at risk.
Members of Congress raised these questions during a House Financial Services Committee...
U.S. lawmakers mulled over the differences between loans backed by the Federal Housing Administration and private insurers Wednesday, noting that FHA continues to put taxpayers at risk.
Members of Congress raised these questions during a House Financial Services Committee...