Kate Berry

The Consumer Financial Protection Bureau's crackdown on Castle & Cooke Mortgage is the first in what could be a string of enforcement actions against mortgage originators for allegedly failing to follow new loan officer compensation rules.

Distressed homeowners are redefaulting in droves on loan modifications received through a government program.

Wells Fargo and Citigroup are laying off hundreds of employees at their mortgage units.

Rising home prices, fewer delinquencies and a dearth of claims by large bank lenders are helping improve the financial health of the Federal Housing Administration.

Higher fees charged by Fannie Mae and Freddie Mac to bring private capital back in the mortgage market might actually backfire by reducing borrower demand for home loans.

Issuers are adding another layer of protection at a time when lawmakers are examining how to wind down Fannie Mae and Freddie Mac and bring private capital back into the mortgage market.

No one knows how many borrowers have ended up in foreclosure as a result of the continued use of dual tracking.

Freddie Mac plans to eliminate a $7,500 annual low-activity fee that has met with a backlash among rural banks that sell a small number of loans each year to the government-sponsored enterprise.

Housing Secretary Shaun Donovan and four state attorneys general vowed to hold banks to the terms of the settlement while saying more institutions were likely to shortly join their ranks.

The end of the refinancing boom is likely to prompt to a wave of consolidation among mortgage lenders because there is simply not enough purchase business to go around.

Bank of America's recent attempts to get some existing mortgage customers to refinance sounds eerily like a sales pitch from the bubble days of 2005.

With the housing market recovering, Wells Fargo plans to ramp up the marketing of a credit card that allows customers to use reward points to pay down their mortgage.

Home Federal Savings & Loan of Nebraska has been selling loans to Freddie Mac for nearly 25 years and wants to continue doing so—but the government-sponsored enterprise is suddenly making it harder for the thrift to maintain the relationship.

New York Attorney General Eric Schneiderman announced on May 7 plans to sue Bank of America and Wells Fargo for allegedly violating their obligations under the national mortgage servicing settlement.

Scott Simon, a managing director and head of mortgage-backed securities at Pacific Investment Management Co., is bucking the conventional wisdom that says Fannie Mae and Freddie Mac need to be reformed to encourage private capital to move back into the housing market.

Hundreds of thousands of homes are being withheld from the market, raising questions about whether the recent run-up in housing prices is artificial.

The Consumer Financial Protection Bureau has proposed slight tweaks to help clarify mortgage rules first issued in January.

Doug Ryan is on a mission to persuade banks and regulators to create more financing options for manufactured homes—but he faces an uphill battle.

Bank of America, Citigroup and JPMorgan Chase all flunked Fannie Mae's test of mortgage servicers, failing to meet even the minimum requirements for performance in 2012.

Mortgage lending activity was weaker than expected in the first quarter and the result is likely to be slimmer profit margins for a number of banks, according to Paul Miller, a managing director at FBR Capital Markets.