As the housing collapse recedes into memory, the housing market is finding new footing in a very different world dominated by a changed mortgage lending landscape. And, according to some economists, those changes are leading to a very different – and more...
It’s no secret that the housing market has been showing signs of strength in key areas around the country. Interest rates, propped up by the Federal Reserve’s continued bond buying stimulus plan, are staying low and home prices are continuing to rise. But according to...
Last week, JP Morgan Chase settled its latest lawsuit with the US Department of Justice to the tune of $18 billion. That’s the largest single settlement ever concluded for an individual American corporation, and that makes some industry watchers wonder whether the...
The Federal Reserve’s massive bond buying stimulus program has been in and out of the news for months as the Fed hints at tapering it down, only to backpedal in light of changes to the economic picture. But even as the Fed continues its will they, won’t they dance, a...
The US Justice Department and numerous state attorneys general have been pressing lawsuits against the nation’s big banks for a variety of crimes and misbehaviors since 2010. Now, housing giant Fannie Mae is joining the party, with a lawsuit of its own against...
