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PHH Corp. has been ordered to pay $109 million over allegations that it illegally accepted kickbacks on reinsurance premium payments after Consumer Financial Protection Bureau Director Richard Cordray partially overruled a decision previously made by an administrative law judge.
June 4 -
Mortgage credit availability rose less than 1% in May, according to data released Thursday by the Mortgage Bankers Association.
June 4 -
Freddie Mac's weekly survey of the primary mortgage market found average interest rates for conforming loan products to be fairly stable.
June 4 -
Ratings agency Fitch took a cautious approach to the residential mortgage-backed securities market in its latest report on the sector.
June 4 -
The share of high loan-to-value ratio purchase loans is at a two-year high, according to RealtyTrac's 2015 Down Payment Report for the first quarter, released Thursday.
June 4 -
JPMorgan Chase & Co. won a round in a long- running dispute with the Federal Deposit Insurance Corp., avoiding some of the liabilities tied to its 2008 takeover of Washington Mutual Inc.'s banking operations.
June 4 -
Rep. Edward Royce, R-Calif., urged fellow House members Wednesday to support a Senate proposal that would make significant reforms to Fannie Mae and Freddie Mac.
June 3 -
The number of delinquent loans backing commercial mortgage-backed securities dropped significantly in May, according to a report by Trepp.
June 3 -
Signs of increased underwriting discipline dissolved in the first quarter, creating a challenge for U.S. CMBS investors, according to Fitch Ratings.
June 3 -
While demand for mortgages continues to slide up and down, profits for independent mortgage bankers are up.
June 3



