Government

The labor market was the strong point of the U.S. economy in the last quarter of 2015, with an average of 284,000 jobs added in the last three months of the year.

Given some of the recent major economic news concerning the Fed, it is probably not hard to guess at least some of what Yellen will be talking about this week.

The Department of Justice announced Friday that HSBC Bank reached a settlement with several federal agencies and almost every state attorney general regarding "mortgage origination, servicing, and foreclosure abuses."

Last night, former Secretary of State Hillary Clinton and Bernie Sanders went toe-to-toe in a Democratic debate and ultimately revealed that the two have vastly different viewpoints on how to rein in large financial firms.

A new bill passed in the New York State Senate could be the key to easing the burden for New York City taxpayers and could be a model for other states to follow in the future.

While it may be too early to declare a trend, what will it mean if these two central measures of the economy continue on the paths they’ve taken the last two years?

Just when the industry thought mortgage interest rates could not get any lower, they dropped further for the fifth consecutive week.

Fairholme Funds, one of the largest GSE investors, sued the government in 2013 for sweeping of GSE profits into the U.S. Department of Treasury and recently noted that "a “common sense solution" will prevail.

Since 2012, Wells Fargo has been battling the U.S. government regarding allegations that it was "reckless" in certifying the credit and underwriting quality of FHA loans it originated, but the legal issues could soon be over.

Credit standards among mortgage lenders tend to change with overall economic conditions. A survey from the Federal Reserve shows that credit standards may be easing among lenders, but will this change be in the best interest of the housing market?