Risk management

The Consumer Financial Protection Bureau is raising concerns about the transparency and clarity of reverse mortgages based on more than a thousand complaints it received about the product.

When charging fees to borrowers with weaker credit histories, lenders should take great care to describe everything correctly and ensure such fees are not excessive.

It's a mortgage on top of a mortgage, and at least one lender is making these loans again through brokers.

Protests by community groups and now a public hearing threaten to delay the completion of CIT's acquisition of OneWest Bank. The deal will probably get approved, and it might not get delayed too long, but all those "probablys" and "mights" are what make the proponents of more big M&A queasy.

Two Justice Department lawyers leading an effort to hold financial firms accountable for the mortgage-fed debacle that fueled the Great Recession stopped in to talk strategy in mid-2009 with Jerry Brown, then California's attorney general.

Standard & Poor's has agreed to pay Pennsylvania $21.5 million to settle a federal lawsuit that claimed the company defrauded investors by abandoning its role as an independent loan evaluator in the lead-up to the Great Recession.

The Fair Housing Justice Center has filed a federal lawsuit accusing M&T Bank of discrimination in mortgage lending practices on the basis of race and national origin.

You can get a jump on taking preventive and proactive measures against defaults in order to mitigate risk and retain portfolio assets. Here's how.

Dan Sparks helped Goldman Sachs Group Inc. profit from its bets against subprime mortgages. Now he's expanding credit to Americans hurt when those types of loans soured and the housing market collapsed.

Standard & Poor's tab is $1.4 billion — including $52.5 million for Illinois — to resolve long-standing allegations by federal and state authorities that the firm misled investors in the run-up to 2008's financial collapse.

WinWater Home Mortgage is preparing another plain-vanilla private-label residential mortgage securitization.

Efforts by investors in the government-sponsored enterprises to find a more friendly court to challenge the government's management of Fannie Mae and Freddie Mac fell flat in Iowa.

While many of the lenders and investment firms seeking to profit from higher-risk mortgages are working to revive the business of bundling such loans into bonds, Citadel, one of the biggest players, is in no rush to see that happen.

When Seattle Mayor Ed Murray created a blue-ribbon panel on housing affordability in September, he used the word "urgency."

Standard & Poor's $1.5 billion settlement with the U.S. Justice Department, more than a dozen states and the biggest U.S. pension fund today will let the world's biggest rating company move beyond a bruising legal battle, at a steep cost.

President Obama's 2016 budget plan tackled a host of big picture items for mortgages, including Dodd-Frank reform, FHA lending and GSE reform.

Government-backed U.S. mortgage bonds posted their worst monthly returns relative to Treasuries since the 2008 financial crisis as the $5.5 trillion market braces for a surge in homeowner refinancing.

The widespread return of the subprime mortgage business will be the big event for the mortgage industry in 2015.

Borrowers with lower credit scores accounted for a greater share of loan volume in December 2014 than they did in December 2012, according to a sample of mortgages processed by the Ellie Mae loan origination system.

D.C. is one of the only jurisdictions in the country to guarantee tenants the right to band together and purchase a building before the landlord can offer it to an outside buyer.