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Wells Fargo is pursuing private mediation to settle claims of widespread discrimination against Black homeowners by denying them lower interest rates through refinancing and forcing them to pay more for loans.

Approximately 800 employees are eligible to receive compensation from the agreement which has yet to be approved by a federal judge, an attorney said.

Roughly one in two people who work in finance would change jobs —  or already have — if their managers required them to spend more time in the office, according to a new survey.

The Consumer Financial Protection Bureau issued only 20 enforcement actions in 2022, but some observers say the enforcement numbers belie the results that director Rohit Chopra is getting from other ways of holding companies accountable.

Worries about unknown future expenses and the state of their own finances are also causing anxiety for over 80% of U.S. consumers, according to new research from BMO.

A pension fund looked to impose a fiduciary duty regarding a mortgage securitization instrument, but a federal judge said no.

But on a cumulative basis since 2013, the unpaid principal balance of reference pools is higher at Freddie Mac, according to the Federal Housing Finance Agency.

Residents in the top five cities have an average median credit score of 800.4 in 2022, according to WalletHub.

A former mortgage underwriter who sought health-related accommodations claims he was fired over a probe the firm conducted while he was on leave.

But scarce housing inventory has helped to bring home equity values back upward, offsetting some of the losses of late 2022.