B of A mortgage strategists are concerned these underserved borrowers will keep housing market activity at "anemic levels."

MountainView Management Co. plans to buy nonprime mortgages made to borrowers with credit scores in the mid to low-600s, maximum 80% loan-to-value ratios and balances as high as $2.5 million.

Regulators recently offered a rare behind-the-scenes glimpse of what areas they are targeting for enforcement, saying that potential fair lending violations like redlining and how mortgages are priced and serviced remain top priorities for the future.

The lesson in a recent consent order is clear — an MSA cannot shield or rehabilitate an otherwise impermissible arrangement.

Federal Home Loans Banks officials and others want more time to evaluate and comment on a Federal Housing Finance Agency proposal to restrict FHLB membership.

Recent regulatory settlements have made it abundantly clear that medical records are off-limits to lenders trying to verify the incomes of mortgage applicants on long-term disability.

Doral Financial in San Juan, Puerto Rico, continues to shed assets.

Deutsche Bank officials have received the go-ahead to finance U.S. home lenders, something it has not done since the financial crisis. The bank's plan is to finance a small, but potentially much larger, mortgage segment that falls outside government standards.

Fannie Mae and Freddie Mac investors are turning their focus to an appeal and multiple pending lawsuits after a federal judge rejected their bid for a share of the companies' profits.

Ben Bernanke said the mortgage market is still so tight that he's having a hard time refinancing his own home loan.

The Supreme Court said Thursday it would hear a case related to the use of "disparate impact" theory to pursue entities for unintentional discrimination, a move that could have significant ramifications for banks.

The Federal Reserve must take steps to improve handling of complex settlements like the one reached with mortgage servicers over improper foreclosures, an internal watchdog said in a report.

It might be time for the industry to consider a "less is more" view when it comes to offering consumers mortgage product options.

EverBank failed to properly determine mortgagor eligibility for the Federal Housing Administration's preforeclosure sale program, according to an audit report released by the inspector general for HUD.

The collapse of securities tied to Fannie Mae and Freddie Mac punished some of Wall Street's best known money managers, with star investor Bruce Berkowitz's main mutual fund losing about $600 million.

Community banks, by and large, appear well-prepared for capital standards that Basel II will phase in beginning in January. Still, concerns remain on how the requirements will shape cost structures and consolidation at smaller institutions.

A lawsuit filed by low-income housing advocates designed to force the Federal Housing Finance Agency to provide money to a housing trust fund has been blocked by a U.S. district court judge.

Lenders desperately want to make potentially lucrative home loans to those with less-than-stellar credit, but only a few are willing to try given legal uncertainties. Here's how a few are designing their products to get a jump on the competition.

AllRegs has begun publishing FHA single-family policies on its publishing platform.

Fannie Mae and Freddie Mac plunged in early trading after investors including Bruce Berkowitz's Fairholme Capital Management LLC lost a legal bid yesterday to force the bailed-out companies to share profits with private shareholders.