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The Federal Deposit Insurance Corp. has reached a $190 million settlement with eight large financial institutions over residential mortgage-backed securities claims as the receiver of five banks that failed during the crisis.

Mortgage rates were up slightly from last week in continued anticipation of a possible move by the Federal Reserve, but still near three-year lows, according to Freddie Mac.

Mortgage credit availability tightened for the third consecutive month in May, according to the Mortgage Bankers Association.

When the administration changes at the end of the year, the development of a single mortgage-backed security could suffer a setback, Mortgage Bankers Association CEO Dave Stevens said Wednesday.

The California Association of Realtors has renewed its push for promised Federal Housing Administration guidance that would make Property Assessed Clean Energy liens subordinate to first mortgage liens.

MetLife Inc., the largest U.S. life insurer, is increasing bets on real estate as the company scales back investments in hedge funds.

Several civil rights and community development groups wrote Tuesday to urge the Federal Housing Finance Agency to recapitalize Fannie Mae and Freddie Mac.

The Federal Housing Finance Agency is set to make the sales of nonperforming loans by Fannie Mae and Freddie Mac more transparent, including providing information on trends at the individual pool level, according to a top agency official.

Craig Strent of Apex Home Loans saw potential in blending his mortgage banking services with the strategy of financial advising, finding strong partners and a niche in helping clients through one of life's most difficult transitions.

JPMorgan Chase has received credit for $3.89 billion of consumer relief, plus it says it has provided an additional $113 million, putting the bank over the top on its obligation.