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California Attorney General Xavier Becerra filed a brief Thursday in support of Oakland's lawsuit against Wells Fargo, alleging that the bank illegally discriminated against minority borrowers.

The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.

Whether Congress and/or the mortgage industry is able to untangle two opposing threads in the Trump administration's plans is anyone's guess.

Deutsche Bank is cooperating with the Justice Department's antitrust investigation into whether several of the largest global banks conspired to rig trading in unsecured bonds issued by Fannie Mae and Freddie Mac.

An indictment unsealed in a Brooklyn federal court alleged four New Yorkers and one Floridian misled mortgage companies, the government-sponsored enterprises and a government agency regarding short-sale property prices.

Mortgage credit availability tightened in August by the most since the end of last year, even though falling interest rates sparked a strong uptick in refinancings, the Mortgage Bankers Association said.

The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.

Mortgage rates rose seven basis points compared with the prior week, but remained below 3.6% over four consecutive weeks for the first time since the fourth quarter of 2016, according to Freddie Mac.

Digital mortgage strategies do more to support loan officers than some people think, according to Tom Wind, executive vice president of consumer lending at U.S. Bank.

South Florida is the nation's capital of mortgage fraud, property data firm CoreLogic says.

Stearns Lending canceled plans for an auction after almost two-thirds of its noteholders approved a bankruptcy reorganization proposal that would solidify Blackstone's ownership of the company.

A swell of refinance demand amid a low mortgage rate environment pushed lender profit margin outlooks to the highest level since the first quarter of 2015, according to Fannie Mae.

Mortgage application fraud risk plummeted in the second quarter as refinance loans poured into the market, according to CoreLogic.

The use of state housing finance agency down payment assistance programs is part of the solution to address the growing affordable housing gap, a Fitch Ratings report said.

The regulator for Fannie Mae and Freddie Mac suggested that a finalized capital framework for the two mortgage giants could be published by the end of the year.

A West Chicago, Ill., property developer is accused by federal authorities of operating a Ponzi scheme that defrauded more than 300 investors in 32 states of at least $41.6 million.

Mortgage applications increased 2% on an adjusted basis from one week earlier driven by gains in the purchase market while refinance activity was flat, according to the Mortgage Bankers Association.

The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement.

Bankrupt mortgage servicer Ditech Holding Corp. cleared the way for the $1.8 billion sales of its businesses by agreeing to preserve some homeowner claims like the right to fix mistakes on their loans.

The nationwide mortgage delinquency rate keeps descending lower, with June marking the 18th consecutive month of annual drops, according to CoreLogic.