Concern over what will happen now that the Fed has raised the interest rate for the first time in a decade—and with further increases on the way—is fairly ...

The U.S. Securities and Exchange Commission (SEC) has approved a settlement with Ocwen Financial Corp. for $2 million to resolve claims that the mortgage servicer misstated its financial results, according to an announcement from the SEC.

Freddie Mac has dropped its lawsuit against Deloitte & Touche that accused the accounting firm of negligence regarding the auditing of certain mortgage loans the GSE purchased from now-defunct mortgage lender Taylor Bean & Whitaker.

While the approaching date of December 25, 2015, meant it was beginning to look a lot like Christmas for many, for Citigroup it was beginning to look like the pre-crisis year of 2006.

Last week’s settlement between Goldman Sachs and several regulators, including the U.S. Department of Justice, for 5 billion dollars to resolve claims of RMBS fraud has fueled speculation ...

Last week’s settlement between Goldman Sachs and several regulators, including the U.S. Department of Justice, for $5 billion to resolve claims of RMBS fraud has fueled speculation among analysts that the Royal Bank of Scotland (RBS) will reach a settlement in the next few weeks to resolve claims.

U.S. Bancorp and PNC Bank reported Friday morning that net income at both banks is down from the previous year, and the results for mortgage banking revenues at ...

JPMorgan Chase announced Thursday that its net income reached 5 point 4 billion dollars or 1 dollar 32 cents per share for the fourth quarter of 2015, down ...

Although housing and mortgage markets will see a reduction in activity in 2016, compared to the booming year we have had in the industry, the picture is not ...

President Obama delivered his last State of the Union Address Tuesday night, speaking on the U.S. budget, gun control, minimum wage and a host of other topics. But one important subject was passed on: housing policy.