The Federal Housing Administration's Mutual Mortgage Insurance Fund gained $19 billion in economic value during Fiscal Year 2015, pushing its capital ratio past the 2 percent threshold required by Congress, according to HUD’s annual report to Congress released Monday morning.

On the day before it was set to go public, loanDepot announced it would delay its initial public offering amid volatile market conditions. According to a statement filed ...

In an address about the economic outlook in the United States and monetary policy at the Economic Club of New York this week, New York Fed President and CEO Bill Dudley praised the progress housing has made during the economic recovery but refused to offer his views on whether the Fed would raise the short-term interest rate in December.

Nationstar Mortgage has agreed to pay $77 million to settle class-action suits filed by homeowners over the alleged inflating of homeowner insurance rates.

Initial mortgage payments are already affordable to millennials in 73 out of the 100 largest housing markets in the country, according to Trulia—in other words, the initial mortgage payments make up 20 percent or less out of that household’s monthly income. In 17 out of the largest housing markets, however, a median price home is defined as unaffordable to millennials.

U.S. Sen. Elizabeth Warren (D-Massachusetts) and Rep. Elijah Cummings (D-Maryland) wrote two letters on Tuesday to government agencies based on the findings of their investigation of taxpayer and economic risk created by last year’s partial repeal of Section 716 of the Dodd-Frank Wall Street Conform and Consumer Protection Act.

The Federal Reserve Bank of Minneapolis announced today that Neel Kashkari has been named the company’s 13th president and chief executive officer, effective January 1, 2016. Current President and CEO Narayana Kocherlakota will end his tenure on December 31, concluding a five -ear run as head of the Federal Reserve Bank of Minneapolis.

The Bureau of Labor Statistics’ October jobs report released last week far exceeded expectations, generating widespread speculation that the Federal Reserve will raise short-term rates in the Federal Open Market Committee’s final meeting of the year in December.

October’s healthy job gains of 271,000 reported in the Bureau of Labor Statistics’ (BLS) October 2015 Employment Summary released Friday make a December liftoff by the Fed an extremely likely possibility.

Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced that they’ve hired housing industry veteran Drew Foy as its newest customer support representative.