Mortgages

HSBC North America Holdings has agreed to pay $470 million to settle allegations it engaged in abusive practices in its mortgage foreclosure, origination and servicing operations.

Remember those homeowners who walked away from their underwater mortgages even though they could still afford their loans? They're back, this time as prospective borrowers.

Housing policy focused on government guarantees and the 30-year mortgage hasn't done much to help low- and middle-income homeowners build wealth.

Despite their recent growth, too few marketplace lenders are reporting data to the consumer reporting agencies, which could negative repercussions on the financial system.

The company plans to eliminate an unknown number of positions, including high-paying job titles such as managing director.

Financial companies from SunTrust to SoFi will be advertising in Sunday's game — a rare sight in recent years — despite the estimate $5 million price tag.

Wells Fargo's tentative agreement to pay $1.2 billion to resolve claims by the Justice Department that it made shoddy FHA loans is bad news for other banks that are the targets of similar probes.

More than 1 million homebuyers qualified for a mortgage in the third quarter, the first time since the financial crisis that lenders reached such a threshold, according to research by the Urban Institute.

The House approved a bill 427-0 that would revamp the Federal Housing Administration’s condominium loan program and expedite the approval process for Rural Housing Service guaranteed loans.

Morgan Stanley will pay $63 million to settle a series of government lawsuits claiming the bank misrepresented securities it sold to banks that later failed.