The new paper was penned by economists at Stanford University, the University of Florida and Boston College.

The market has priced in the likelihood of another Fed rate hike...

State Farm has a 20% share of the homeowners market in the Golden State...

The New York Department of Financial Services said OneMain failed to effectively manage user access privileges, improperly managed security policies for software development and failed to conduct due diligence for certain third-party vendors.

The GSE says the addition to its income assessment tool will expand access to credit.

As interest rates declined, applications increased...

Since the passage of the Equal Credit Opportunity Act and the Fair Housing Act, financial services providers have tried to “achieve fairness through blindness,” according to Kareem Saleh, CEO of disparity-analysis firm FairPlay.

ChatGPT and similar artificial intelligence offerings can be used to improve efficiencies at mortgage companies.

Bank failures helped to drive down interest rates on mortgages in March, which led to an increase in rate locks.

New credit scoring models will be fully implemented by the GSEs near the end of 2025, according to FHFA.