Eagle Bancorp in Maryland took a major quarterly loss due to challenges in its office loan portfolio. It's one of many banks working to trim down their commercial real estate loan books.
The lawsuit's conclusion ends fights by the rivals to depose each other's senior leaders.
The servicer is alleged to have violated state regulations between 2016 and 2020 affecting 57 homeowners with federally backed loans.
House Financial Services Committee ranking member Maxine Waters, D-Calif., asked bank regulators to give banks the supervisory clearance to extend lines of credit and modify loan terms for federal employees furloughed after the government shut down last week.
With the new option, unveiled Monday during OpenAI's annual developers event, a user can look up a three-bedroom home in a specific neighborhood on Zillow, without leaving the ChatGPT app.
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The clip promotes Trump's "Great American Mortgage Corp." branding, linking it to Fannie Mae and Freddie Mac as in his earlier stock-offering post.
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FHFA Director Bill Pulte, a staunch ally of President Donald Trump, wrote a letter to Bondi and DOJ official Ed Martin on Aug. 15 suggesting that Cook may have committed a criminal offense.
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US mortgage rates dropped last week by the most since February, enticing homeowners to step up refinancing.
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Say goodbye to Fannie Mae form 1004 and various addendum as lenders and appraisers have to get ready to work with the Uniform Residential Appraisal Report.
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New residential construction increased 5.2% last month to an annualized rate of 1.43 million homes, according to government figures released Tuesday.
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Home Depot Inc. sales returned to growth in the second quarter as shoppers invested in smaller projects, such as lighting and gardening.
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Not every distressed borrower can, will or should get a modification. But in cases where they make sense, mod decisions should be swift and significant.
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There are steps all of us can take in order to make certain our identities are not stolen, because any of us can become a victim.
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Most mortgage industry managers probably feel that the way they manage their businesses is pretty straight forward.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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