While distributed denial-of-service attacks typically crash systems with waves of invalid data requests, the manner in which Ellie Mae's technology was overwhelmed suggests the culprits were familiar with the mortgage business.

The CFPB report for full year 2013 shows that there were over 160,000 complaints to the bureau from homeowners, of which 60,000 were complaints about the mortgage process.

A U.S. magistrate judge in North Carolina dealt a blow to government efforts to use the 1980s-era Financial Institutions Reform, Recovery and Enforcement Act to penalize big banks, but many experts say the decision—which is not binding—may just be a temporary glitch.

The Mortgage Bankers Association urged the Senate and House finance committees to pass the Expiring Provisions Improvement Reform and Efficiency Act, saying the bill contains "several critical provisions" for real estate financing markets and the economic recovery.

New rules should protect the FHA from losses on reverse mortgages and make prepayments more predictable for bond investors, but they also slow the production of loans available for securitization.

Secondary market agency won't securitize fixed-rate Home Equity Conversion Mortgages that feature a line of credit.

Charlie Keating, who died Tuesday, epitomized an era today's mortgage lenders would do well to remember as low-yielding portfolio assets tempt them to take bigger risks.

Charles H. Keating, whose leadership of a California savings and loan made him the face of a banking crisis and a millstone around the politicians who tried to help him, has died. He was 90.

A Pennsylvania man has been sentenced to nearly six years in prison and must pay $9.2 million for his role in mortgage and bank fraud schemes.

Company says it it found no evidence of a data breach and that borrowers' personal data "remain secure."

Rep. Maxine Waters' plan to overhaul the mortgage finance market may be dead-on-arrival in the House, but it is still likely to help determine the fate of a separate Senate bill seen as the leading congressional attempt to enact reform.

Loan closing delays caused by the attack have forced lenders to pay for rate lock extensions and hedging losses, while home closings funded by purchase mortgages have also been delayed.

The industry-supported proposal survives the negotiations for the state budget.

Bank of America Corp. should face Securities and Exchange Commission claims over $855 million in mortgage-backed securities, said a judge who last week advised that a Justice Department complaint over the same securities should be thrown out.

Although the national outlook continues to improve as the worst of the housing crisis abates, foreclosures and real estate owned properties remain a concern for many markets throughout the country.

Regulators are going against Congressional intent in their latest "qualified residential mortgage" proposal, former Rep. Barney Frank said.

As mortgage interest rates rise and fewer prime borrowers are in the market to refinance, lenders are starting to loosen credit standards again, years after the housing crisis sparked a flight to quality. But amid growing compliance requirements and increased regulatory scrutiny, will this time be different?

Freddie Mac began offering the deals last year with the goal of sharing more risk with the private sector at the direction of its regulator.

The Department of Housing and Urban Development reached settlements with Bank of America and mortgage banking firm James B. Nutter & Co. over allegations that the lenders failed to perform due diligence in underwriting Home Equity Conversion Mortgage loans.

There's been froth in the U.S. housing markets in recent years. But a drop in activity this year means a bubble won't be a problem for 2014.