Mortgage News

The agreement on the federal budget was good for business confidence, Dimon said at an investor conference in New York, adding he would send thank-you notes to congressional leaders.

While foreclosures remain a concern in select states, the number of U.S. homes entering the path to foreclosure or winding up repossessed by lenders has fallen to levels not seen in more than six years.

The signing of the order Wednesday marks the court's formal approval and a major milestone in the bankruptcy of the troubled mortgage lending and service company.

Having a bank turn you down for a loan really sucks, I can tell you from experience.

Star Exemption: The deadline is approaching for applying for the Star Exemption.

Tesco looks to capitalise on the PR problems facing the banking industry as it creates hundreds of jobs to carry out its plans.

A former California lawyer has pleaded not guilty to federal charges that he lent his law license to others in connection with a fraudulent $12 million mortgage modification scheme.

"My team and I tested the banks' compliance with the National Mortgage Settlement's original 29 metrics for the first half of this year," said Joseph Smith, monitor of the organization, in a December 4 oversight update .

The Department of Housing and Urban Development announced on Friday that it will lower the loan limits for its Federal Housing Administration mortgage - a loan used by many first-time and lower-income home buyers - from $729,750 to $625,500.

Millennials and homeownership: High rent = cramped...: Millennials are delaying homeownership because they can't afford it and a study out this week finds that even renting is becoming unaffordable.

U.S. banks will be barred in most cases from trading for their own profit under a federal rule approved Tuesday.

The move had cut many younger people out of the frame and pushed more investors into buying properties.

Obama nominated John Koskinen, a retired corporate and government official with experience managing numerous organizations in crisis, to take over the IRS in August.

The Toronto stock market closed higher Monday as investors bought up battered gold miners along with financial stocks that slipped last week in the wake of earnings reports from the big banks.

But Republicans aren't likely to acquiesce lightly. They've blocked the North Carolina Democrat's nomination for months and could still use a collection of procedural hurdles to stymie – or at least delay – the nomination to draw more public scrutiny to the pick.

The nation's wealth rose 2.6 percent from July through September to $77.3 trillion, the Federal Reserve said Monday.

Americans' wealth reached an all-time this summer, buoyed by record-setting stock prices and a healthy recovery in home values.

A tax break for struggling mortgage borrowers ends Jan. 1 and that could mean big tax bills -- and financial hits for their neighbors.

Canada Mortgage and Housing Corp. says housing starts fell in November, with drops in the numbers of both urban multiple and single-detached starts.

Billions of dollars in foreclosure settlements between big banks and government regulators haven't helped Laura Biggs.