Subprime lending

While the courts have affirmed cities’ right to file predatory lending suits, they are also now holding them to a much higher standard in proving that banks knowingly steered minority borrowers into high-cost home loans.

The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act.

A decade after the housing collapse began, Cleveland and Akron are among the worst large cities in the nation for homes that are worth way less than the mortgages on the properties.

The U.S. Supreme Court issued a mixed decision on the reach of the main federal housing-discrimination law, telling a lower court to reconsider whether Miami can sue banks for lending practices the city said contributed to urban blight.

Housing prices in the Near West Side, Logan Square and a handful of other popular areas north of downtown are now well above their pre-crash peaks, but most of the city and the suburbs are still clawing their way back from the depths of the devastating crash.

Caliber Home Loans' next nonprime mortgage securitization is nearly twice as large as its previous deal, completed in December.

The Loan Syndications and Trading Association is appealing directly to Treasury Secretary Steven Mnuchin to exempt collateralized loan obligation managers from rules requiring "skin in the game" of deals.

Deutsche Bank is finding that there just isn't enough soured U.S. mortgage debt anymore.

Loans originated in the fourth quarter of 2016 carried less credit risk, according to the latest Housing Credit Index from CoreLogic.

A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc.