It was a tough first quarter for Bank of America, as the bank experienced a year-over-year decline of 13 percent in net income.

For seriously delinquent, underwater homeowners struggling through the murky aftermath of the financial crisis, help is on the way in the form of a gift from the Federal ...

The theme ringing throughout the Five Star Institute's 7th Annual Legal League 100 Spring Servicer Summit Thursday in Dallas, Texas, was this: The default servicing industry is rapidly changing.

The Federal Reserve and the FDIC have jointly determined that the 2015 resolution plans, or “living wills,” of five domestic systemically important financial firms are “not credible."

The news of the over-the-year decline in JPMorgan Chase's net income came on the same day that the Fed and FDIC announced that the bank's "living will" for 2015 is deficient.

Both HUD and FHFA have recently made changes to their distressed loan sales aimed at improving borrower outcomes. But for some housing advocates, it hasn't been enough.

According to the Home Price Perception Index released today by Quicken Loans, homeowner optimism is continuing to outpace that of actual property appraisal values. On a national level, ...

A federal judge unsealed documents related to Fairholme Funds’ lawsuit against the government over the sweeping of GSE profits into Treasury that may be undermining to the government’s position.

Treliant Risk Advisors, a multi-disciplinary compliance, risk management, and strategic advisory firm for the financial services industry and consumer-oriented businesses, has announced the addition of Ed Kramer as a member of its Senior Advisory Board.

Investment banking firm Goldman Sachs finalized a settlement first announced earlier this year, stating that it has agreed to settle federal and state investigations probes concerning the sale ...