HSBC has agreed to pay $765 million in civil penalties under a settlement agreement with the Department of Justice to resolve allegations it misled investors on the quality of its residential MBS and the accuracy of its due diligence procedures.

A federal judge in Washington last week dismissed a securities fraud lawsuit against Zillow, ruling its co-marketing program does not violate the Real Estate Settlement Procedures Act.

The Department of Veterans Affairs has spiked an interim final rule on “qualified mortgages” in favor of a new separate rule establishing new QM standards.

The massive tax cuts the president and GOP bestowed on the nation late last year have spurred economic progress. It’s hard to argue with that, but...

HSBC will pay $765 million to settle charges brought by the Department of Justice...

Stephanie Miller of Fannie Mae said the GSEs are working with SIFMA on the transition to the single security.

Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...

The House bill is currently at the Senate desk, awaiting nods from Senate Banking Committee Chairman Mike Crapo, and Ranking Minority Member Sherrod Brown…

The new interim CEO was an EVP at PNC Financial where he led the real estate division and was a founding partner and managing director of BlackRock...

One source familiar with Eli Global’s mortgage operations said layoffs have occurred at the company’s mortgage unit...