A New Mortgage Picture for 2014

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...

A Quantitative Easer Confesses: Big Bucks for Big Banks

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...

Fannie Mae Joins the Crowd of Bank Fraud Lawsuits

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...

Rising Interest Rates Chill Housing

As the government closed its doors for what would be a 16-day shutdown, housing experts worried about what would happen to the still-fragile housing recovery as a result. Now, with government services and agencies back in full force, a slow down in mortgages seems to...

Bank Fraud Fallout Continues With Chase Settlement

While Bank of America has been grabbing headlines lately as the poster child for problematic mortgage and securities transactions dating back to the housing crash of 2008 and before, JP Morgan Chase has been conducting it own legal battles on similar charges of...