Headlines

U.S. home prices are high and are still rising, but the price picture looks a bit different when consumer buying power is brought into the equation. First American Financial Corporation's inaugural Real House Price Index, provides a new take on the way the industry view home prices.

The OCC terminated the servicing-related consent order against Wells Fargo, but at the same time issued a civil penalty to the bank.

Bank of America's $1.27 billion penalty in the "Hustle" case has been overturned. Why does the former Countrywide exec who blew the whistle get to keep the reward money?

Credit availability in the mortgage industry increased slightly in the fourth quarter, reversing a long-time downward trend over the last four quarters. However, credit access is not the same across the board.

Mortgage loan defects, which includes fraudulence and misrepresentation in loan applications, are highest in North Dakota. See what other states are troubled with rising loan defects.

Two mortgage interest rate indicators released today showed that rates moved upward for the month and over the last week, keeping alive the possibility that the Fed may finally make its move this summer.

For the third consecutive month in April, pending home sales rose to reach their highest level since February 2006, showing strong promise of more buyers entering the market.

Home prices have been on an upward path for the last few years, but 12 states broke the trend and experienced home price depreciation in the first quarter.

Mortgages, the largest component of household debt, increased in the first quarter due to the year-over-year uptick in originations.

An independent monitor reported on Thursday that JPMorgan Chase is about 97 percent of the way toward fulfilling its consumer relief obligation under the $13 billion RMBS settlement reached in November 2013.