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Amid increases in new construction, homebuilder confidence, and existing home sales, Freddie Mac reported fixed mortgage rates reaching new record lows for the second week in a row. The average 30-year fixed-rate mortgage rate fell to 3.31 percent (0.7 point) over the week ending November 21. The 15-year fixed-rate mortgage also experienced a decline this week, falling from 2.65 percent to 2.63 percent (0.7 point), according to Freddie Mac's data.

The RMBS Working Group filed a complaint against Credit Suisse for allegedly misrepresenting securities sold to investors.

Former DocX president Lorraine Brown is looking at a two- to three-year stretch in prison after accepting a plea deal over robo-signing practices, according to announcement from Missouri attorney general Chris Koster.

Despite significant current challenges in the reverse mortgage market, American Financial Resources, Inc., recently rolled out a full range of related loan products. Based in Parsippany, New Jersey, AFR Mortgage will launch the new initiative in the company's home state, giving borrowers who are over the age of 62 access to the specialty loans.

Los Angeles' homebuyers have a chance to own a piece of Motown history. Located on Outpost Drive, the Hollywood Hills home once belonging to artist Marvin Gaye has been listed for $3.799 million.

Consumer confidence hit the wall in November as Americans sweat the rapidly approaching fiscal cliff, according to a survey.

Wingspan Portfolio Advisors, based out of North Texas, has been recognized as one of the fastest-growing companies in the area, the company announced. Wingspan was one of the top two recipients of the Dallas 100 Awards, marking it as the second fastest-growing privately held company in the Dallas Metroplex.

Mortgage application volume continues to seesaw week to week throughout November--this time falling, according to data from the MBA.

First-time claims for unemployment insurance fell 41,000 to 410,000 for the week ending November 17, the Labor Department reported Wednesday. Economists expected 415,000 initial claims filings.

The FDIC and the Financial Crimes Enforcement Network (FinCEN) announced the assessment of $15 million in penalties against the First Bank of Delaware in Wilmington for violations of the Bank Secrecy Act (BSA) and anti-money laundering (AML) laws and regulations.