Government

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.

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.

The Federal Reserve Board found that American families experienced continued mild improvement in their financial well-being in 2015, but many families were struggling financially and felt excluded from economic advancement.

The Net Worth Sweep, or the sweeping of all Fannie Mae and Freddie Mac profits into Treasury, has been under more intense scrutiny as of late.

A group of progressives who believe that Wall Street is not regulated enough has organized a coalition in hopes of getting stricter rules passed.

The two presumptive presidential candidates have engaged in a war of words over the housing crisis, with one candidate accusing another of being excited about the prospect of making money off of millions of families losing their homes.

For Melvin L. Watt, Director of the Federal Housing Finance Agency, diversity and inclusion in the mortgage and lending arena is “a business imperative” that goes far beyond political correctness and statutory obligations outlined in the Housing and Economic Recovery Act of 2008.

The U.S. House of Representatives unanimously passed the SAFE Transitional Licensing Act by voice vote. The bill could alter the way that mortgage loan officers at a federally-insured institution move to nonbank lenders.

Bank of America has been fighting for nearly two years to reverse a $1.27 billion penalty over Countrywide's "Hustle" mortgage program. Why did an appellate court reverse that penalty on Monday?