Lalita Clozel

Fifth Third Bancorp has agreed to pay nearly $85 million to settle fraud charges related to undisclosed defective Federal Housing Administration-insured loans.

The Department of Housing and Urban Development launched a new ethics program that will support whistleblower, ombudsman and hotline initiatives.

Millennial borrowers display a more prodigal and unconventional attitude to borrowing than their elders, a loanDepot survey suggests.

The Justice Department said that members of the military whose properties were wrongfully foreclosed are eligible to receive a total of $311 million in compensation from five large mortgage servicers.

Thirty-year fixed-rate mortgages averaged 3.85% during the week ending Oct. 1 — merely a one-basis-point decrease from last week.

JPMorgan Chase has paid off $3.56 billion of the $4 billion it owes in consumer relief credit as part of a 2013 settlement over marred mortgage-backed securities issued before the crisis.

The rate of mortgage applications dropped 6.7% in the week ending Sept. 25, according to the Mortgage Bankers Association.

The Asian Real Estate Association of America has launched a two-year partnership with Radian Group's mortgage insurance unit.

Existing-home sales are predicted to increase this month after an unexpected August drop, according to Auction.com's latest Real Estate Nowcast.

In this slowing economic recovery, the housing market is showing signs of resilience but still faces long-term challenges, according to a report from Stifel Nicolaus & Co.

U.S. Attorney General Benjamin B. Wagner announced Thursday the arrest of three leaders of Shon-Te-East-A, an organization that eliminates practitioners' spiritually cumbersome mortgage debt.

Despite a recent dip, U.S. loan delinquencies are on a steady downward slope, according to Black Knight Financial Services.

Sales of single-family homes and condos are on pace to reach an eight-year high this year, according to RealtyTrac's U.S. Home Sales Report for August.

Communication between homeowners and their servicers remains the most frequently reported challenge for housing counselors, the National Foreclosure Mitigation Counseling program said.

A recent uptick in mortgage application defects might be reversing, according to First American Financial.

The U.S. housing market continues to slowly stabilize, according to Freddie Mac's latest Multi-Indicator Market Index.

Senior home equity rose by $117 billion in the second quarter, compared to the previous quarter, according to the National Reverse Mortgage Lenders Association.

The Securities and Exchange Commission has settled with Thomas Lund, the former head of Fannie Mae's single-family lending unit, for $10,000, according to news reports.

The housing market is edging off a slow recovery in spite of high depreciation rates concentrated on the East Coast and Midwest, according to Zillow's August Real Estate Market Report.

First-mortgage originations to subprime borrowers have risen by 30.5% in the first five months of 2015, compared to the same period last year.