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All of the class actions will be consolidated into a single case under plaintiff Jennifer Cabezas, who was the first of the 20 to bring a motion against the company.

If the presumed Republican nominee regains the White House and his party takes control of Congress, investors are betting the conservatorships will finally end.

The Dallas bank's full-year results showed progress toward its long-term strategic goals despite a fourth-quarter drop-off in net interest income heavily tied to its mortgage business, executives said on an earnings call.

Lending activity among builders surged over 22% annually in December, but the growing share of FHA-backed borrowing in the segment took a step back for the first time in four months, the Mortgage Bankers Association said.

Reven Office REIT is seeking $100 million from a lead investor and $900 million through a "blind pool" initial public offering.

Ohio Gov. Mike DeWine rolled out the Welcome Home Ohio program, a product of the Ohio legislature's biennium budget bill, House Bill 33.

The move is somewhat counterintuitive relative to other market signals but Fannie Mae generally forecasts a net positive shift in lending conditions this year.

The financial services executive also previously served in leadership at Morgan Stanley and Carver Federal Savings Bank.

Single-family home construction fell by the most since July 2022, following a surge in November, while multifamily projects rose to a five-month high.

With traders reducing wagers on a rate cut at the Federal Reserve's March meeting and the yield on 10-year Treasuries rising to 4.11%, the highest since Dec. 12, real estate is primed to take a hit.

The escalating case would set a new precedent if it established fiduciary duties for entities that manage securitized mortgages that pension funds invest in.

To honor Stevens, who started in the secondary market where dry mortgage notes are sold to investors, let's delve into why the B3E proposal is badly constructed.

As part of a settlement with the Justice Department, Patriot Bank must invest more than $1 million of the total in a loan subsidy fund for minority homeowners and take other corrective steps in its everyday business. The bank denied any wrongdoing.

After the Rhode Island-based company eliminated 650 positions, severance-related costs contributed to a 71% decline in quarterly net income.

The former Obama administration official and MBA head died unexpectedly on Jan. 16.

Much has been said about how millennials and Gen X have a higher homeownership rate now, but how these generations compare at age 24 is a different story.

Federal Reserve Gov. Michelle Bowman, a vocal opponent to the proposed risk capital rules for large banks, said she still sees a path forward for capital reform.

But the index is still well below pre-pandemic levels, suggesting momentum may be slow to build with borrowing costs still twice as high as they were two years ago.

The reality of converting office properties to multifamily housing is not as simple as it might seem, said Lisa Pendergast.

The index of mortgage applications to buy a home increased 9.2% in the week ended Jan. 12 to 162.2, the highest since July 14, according to the Mortgage Bankers Association.