Rhode Island-based chartered bank Washington Trust Company has agreed to pay $9 million to settle a redlining case with the U.S. Department of Justice (DOJ), the parties announced Wednesday....
The Consumer Financial Protection Bureau (CFPB) on Wednesday released its annual report on residential mortgage lending activity and trends. While the vast majority of...
The Government National Mortgage Association (Ginnie Mae) on Friday announced a new policy for its Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program, now...
Home buyers taking on record-high monthly payments also lost out on additional nearly $200 billion in equity because of soaring mortgage rates, according to...
The rise of artificial intelligence (A.I.) and its utility in daily life is fast-evolving and disruptive, but also comes with complicated ethical questions for...