The monitor for the National Mortgage Settlement said that the payment is the last the company will make. The post HSBC Pays Out $371M in Consumer Relief appeared first on [...]

The sale of these loans is intended to reduce the number of seriously-delinquent loans owned by Fannie Mae and to help stabilize neighborhoods and to help meet the portfolio reduction [...]

Twenty-eight states had significant year-over-year increases in non-farm payroll employment in February. The post State Employment Rates Could Influence Fed Rate Hike appeared first on DSNews. Source: DS News

Quicken Loans’ National Home Value Index (HVI) measured appraisal and found that values rose 0.55 percent in February, and 2.95 percent year-over-year. The post Homeowners Expect Higher Appraisals appeared first [...]

As the new administration looks to reform the Consumer FInancial Protection Bureau, the bureau is brought further into the public eye. The post Though the CFPB Faces Major Reform, Few [...]

Statistics show that 65 percent of first-time homebuyers in January only made a zero to 6 percent down payment. The post Low Down Payment Programs Attracting Millennials appeared first on [...]

Since 2009, delinquencies have dropped from 6.1 million to 2.7 million, and the amount of homeowners underwater dropped from 10.2 million to around 3 million. The post MHA Releases Year-End [...]

If another banking crisis arises, as in 2008, OCC Head Thomas Curry says that banking practices used now will help to soften the blow and restore stability in the banking [...]

Raphael Bostic has been named as the Atlanta Fed's 15th President and CEO, and he's also the first African-American president of a regional Fed bank. The post Federal Reserve Bank [...]