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With interest rates and unemployment at rock-bottom lows and home values rising, the part of JPMorgan's retail business that sells home loans to consumers made money last month, marking the first profitable January in five years, according to people familiar with the matter.
February 24 -
A rally in Treasuries that's driven 10-year yields toward record lows could have more room to run, a Goldman Sachs report said.
February 24 -
The agency plans to conduct a review of how it regulates the 11 Federal Home Loan banks amid concerns that some companies are inappropriately seeking a back door into the Home Loan Bank System.
February 24 -
Black Knight introduced a model to gauge prepayment speeds and credit risk for investors that purchase commercial mortgage-backed securities.
February 24 -
Equifax has released a series of bundled services aimed at helping financial institutions use data and analytics to manage tasks associated with the process of servicing mortgage loans.
February 24 -
DBRS Morningstar and Moody’s Investors Service have assigned preliminary ratings to the Classic RMBS Trust, Series 2020-1 transaction sponsored by Home Trust Co.
February 24 -
The 10-digit penalty marks an important milestone for the bank, but individual ex-bankers may still be at risk and grueling hearings lie ahead for current leadership.
February 21 -
A deferred-prosecution agreement with the Justice Department spares the bank a potential criminal conviction — provided it cooperates with continuing probes and abides by other conditions.
February 21 -
Sales of previously owned homes remained robust in January as low borrowing costs and higher wages continue to make purchasing more attainable.
February 21 -
Fannie Mae and Freddie Mac are expected to retain “limited and tailored government support” after they are released from U.S. control, Treasury Secretary Steven Mnuchin said in a letter to lawmakers.
February 21 -
Wells Fargo & Co. is poised to pay roughly $3 billion to settle federal investigations into a range of consumer abuses that were rampant at the bank for years, according to a person with direct knowledge of the matter.
February 21 -
The Trump administration proposes cutting personnel and other budgetary items at the bureau, while the agency’s director — who controls the purse strings and was hand-picked by the administration — aims to boost spending and hire more employees.
February 20 -
In nearly half of Opportunity Zones across the country, median home prices rose annually by more than the national average of 9.4% in the fourth quarter, according to Attom Data Solutions.
February 20 -
Dana Wade would succeed Brian Montgomery, the acting deputy secretary of the Department of Housing and Urban Development.
February 20 -
Freddie Mac elevated Corley to executive vice president and head of its single-family business, putting her permanently in the role she occupied since last October.
February 20 -
You could easily drive through this leafy Silicon Valley suburb without realizing you were in America's richest neighborhood. From the road, it's all high brick walls and opaque gates.
February 20 -
U.S. home price increases should soften this year, but central Ohio homebuyers might not see much relief, according to one of the nation's best-known housing economists.
February 20 -
For the first time in 15 years, fewer than 2 million mortgaged properties lie in default or foreclosure status as of the end of January, according to Black Knight.
February 20 -
Even with the small increase in mortgage rates this past week, the home purchase market stayed active and should remain so for the peak buying season.
February 20 -
Low mortgage rates are setting the stage for growth, not just in refinancings, but in purchase volume as well during 2020, according to Ellie Mae.
February 19
























