Risk

Indications of fraud ebbed when refinancing was more prevalent, but now that home purchases are picking up, misrepresentations could increase, too.

A former Jefferies & Co. managing director accused of lying to customers about bond prices had his fraud conviction overturned in the latest blow to the government’s effort to hold individuals accountable for alleged wrongdoing on Wall Street.

Seven years after the housing bubble collapsed, Wall Street's appetite for riskier mortgages is returning.

Fannie Mae just took out a potential chunk of private label CMBS supply. The government-sponsored enterprise said it's helping fund Blackstone's purchase of Stuyvesant Town.

Poppi Metaxas, the former chief executive of Gateway Bank in Oakland, Calif., was sentenced to 18 months in prison for perpetrating a scheme involving mortgages.

Sage Bank in Lowell, Mass., has agreed to pay about $1.2 million to settle Justice Department allegations of discrimination against minorities in mortgage lending.

A plan by the government-sponsored enterprises to begin collecting the new Closing Disclosure data is designed to promote Fannie Mae and Freddie Mac's loan quality goals. But the initiative may also prompt broader use of e-signatures and paperless processing.

The percentage of mortgage applications with defects declined in October, according to First American Financial Corp.

Freddie Mac is prepping its next risk-sharing deal, according to presales from Fitch Ratings and Kroll Bond Ratings.

Commercial mortgage underwriting standards have already loosened dramatically this year, but it seems that some borrowers are still trying to get away with a little more.

Higher mortgage rates and other macroeconomic challenges may dampen lending under the Federal Housing Administration's single-family program, but they will produce a net benefit to the insurance fund. Here's why.

The New York Department of Financial Services has ordered NewDay Financial to surrender its New York State license, as the fallout continues from its exam-cheating scandal.

Fannie Mae has transferred the credit risk on a $12 billion pool of mortgages to reinsurers.

In one instance, a single complaint in the Consumer Financial Protection Bureau's database was counted as 35 different ones while in another, a complaint against a payday lender was filed against an unrelated bank. Current and former officials say that's par for the course, leading to inflated complaint numbers and inaccurate data.

Lenders are doing a better job keeping consumers informed about the loan process, according to the latest J.D. Power mortgage survey. But the actual speed of loan closings is also a key factor to borrowers' overall satisfaction.

The government's aggressive (and unsuccessful) prosecution of tiny Abacus Federal Savings Bank stands as one of the oddest episodes of post-crisis era.

The added clarity provided by the Federal Housing Administration's revised single-family handbook comes at the expense of lender flexibility to get loans qualified, including a popular workaround for borrowers with deferred student loan debt.

The former chief executive of a Nebraska bank has been convicted by a federal jury for lying to investors and regulators about considerable losses tied to risky commercial real estate investments.

RCS Capital Corp. plunged after Apollo Global Management scaled back plans to invest in the company and another entity associated with Nicholas Schorsch.

Amid an ongoing shift in pricing strategies in the private mortgage insurance market, Essent Group chairman and CEO Mark Casale is trying to show investors that aggressive pricing tactics aren't the only way PMI firms compete.