News

The U.S. Department of Justice issued a memo on Thursday containing new guidelines stating that it will pursue the prosecution of individual employees, and not just their companies, for their role in precipitating the financial crisis in 2008.

Although many homeowners feel confident in the current state of the market, they are a bit more uncertain about the future, Zillow’s Housing Confidence Index.

The number of job openings in construction overall remained stable in July, though hiring in the home construction sector slowed that same month, according the latest figures from the Bureau of Labor Statistics and the National Association of Home Builders.

The scrutiny borrowers face when seeking jumbo loans might be as tough as ever, but qualifying one is at least getting easier.

After reaching record earnings in the second quarter of 2015, the U.S. banking industry can expect global economic factors, recent stock market volatility, and interest rates to be deciding factors in the upcoming third quarter report and beyond.

As the baby boomer generation edges closer to retirement age, housing demand for seniors is expected to increase, but could too much of a good thing mean oversupply?

A federal grand jury in New Haven, Connecticut, has returned a 10-count indictment against three former residential mortgage-backed securities traders for Nomura Securities International.

Ginnie Mae has released an update to its issuer business status requirements that will help issuers that are going through ownership and organizational changes.

Goldman Sachs won a class action lawsuit accusing the investment banking firm of knowingly selling toxic mortgage-backed securities to hedge fund Dodona I and other investors in 2007 before the financial crisis, according to media reports.

The recent stock market fluctuations and seasonal trend changes may have homebuyers perplexed, but there is a silver lining, according to Realtor.com's First Look report for August 2015.