Government finance giant Fannie Mae will have to face a lawsuit accusing it of violating federal law by falsely reporting that an Arizona couple had gone through a foreclosure, a federal appeals court has ruled.
A new federal appeals court decision could clear the way for the U.S. government to turn over many documents sought by investors suing over its 2012 decision to seize the profits of mortgage giants Fannie Mae and Freddie Mac.

Royal Bank of Scotland has taken a 3.1 billion pound ($3.92 billion) provision as it prepares to settle claims in the United States that it mis-sold toxic mortgage-backed securities in the run up to the 2008 financial crisis.

A Philippines company that buys and sells pension payments has asked a federal court to block an investigation by the U.S. Consumer Financial Protection Bureau in the latest challenge to the financial regulator's authority.

The U.S. Securities and Exchange Commission has partially overturned a ruling finding an investment adviser featured in the best-seller "The Big Short" liable in a case stemming from the 2008-09 financial crisis, but it increased how much he owes.

The Federal Reserve bought $3.173 billion of agency mortgage-backed securities in the week from Dec. 22 to Dec. 28, compared with $14.409 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday.

A former Cantor Fitzgerald trader has been indicted on charges that he defrauded investors by lying about the price of mortgage bond transactions he handled for them after the financial crisis, U.S. prosecutors said on Friday.

Blackstone Group LP Chairman and CEO Steve Schwarzman said on Tuesday he expected to see a "very substantial reversal of regulations of all types," for the financial sector, following Donald Trump's U.S. presidential election victory.

A federal judge on Tuesday blocked an Obama administration rule to extend mandatory overtime pay to more than 4 million salaried workers from taking effect, imperiling one of the outgoing president's signature achievements for boosting wages.

The U.S. Securities and Exchange Commission on Monday took a former Standard & Poor's executive to trial over claims that she engaged in a fraud that inflated ratings of commercial mortgage-backed securities.