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While nearly half of U.S. mortgaged homes remain equity-rich, data indicates a downturn in recent quarters.

Despite mounting pressures, the central bank remains cautious as housing and mortgage sectors show signs of stagnation.

Finding a new niche with non-agency products.

ADP report indicates education, health care sectors emerge as top job creators; 5.7% year-over-year pay growth noted.

Jacques Poujade preyed on investors with false promises of IPO riches, leading to millions in losses.

Purchase applications hit their lowest since 1995, while ARMs surge by almost 10%, reflecting a market adjusting to near 23-year high interest rates.

Fitch Ratings says non-bank mortgage companies might grapple with challenges due to subdued origination volumes and prevailing high-rate environment.

Set to replace Richard Bradfield as president and CEO.

House price indices show price tags not letting up.