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Employment in the nondepository mortgage lenders and brokers sector grew for the fifth straight month, according to the Bureau of Labor of Statistics.
A federal jury in Houston awarded the U.S. government $92 million in civil damages after finding two mortgage companies and one of its executives responsible for more than a decade of mortgage insurance fraud.
Atlanta's home prices rose 5.3% during the past year, slightly better than the gain in most large metro areas.
Mortgage industry hiring and new job appointments for the week ending Dec. 2.
NAHREP Consulting Services, a consulting firm that specializes in housing and the Latino market, has created a new program to help lenders looking to ramp up their market efforts in diverse communities.
The mortgage interest deduction will be limited in reforms designed to provide tax cuts for middle-class borrowers, but not those with higher incomes, according to Treasury Secretary-designate Steve Mnuchin.
The debate over housing finance reform appears to have new life as both Democrats and the next administration appear ready to take up the issue.
The Federal Housing Administration will increase loan limits across most areas in the United States in 2017 to reflect rising home prices.
Privatizing the government-sponsored enterprises is a priority for Treasury Secretary-designate Steven Mnuchin. Here's a look at what it will take to pull off and the potential implications for the mortgage industry of unwinding the conservatorship.
The multifamily construction boom may finally be coming to an end as leasing of new units has slowed and lenders are becoming more cautious.
LoanDepot has agreed to purchase two title and settlement services companies, Closing USA and its affiliate, American Coast Title.
Conforming mortgage rates are at their highest level this year after increasing 51 basis points since Election Day, according to Freddie Mac.
The Portland area led the nation in home-price increases for 11 months, but Seattle took the top spot in September.
The Bay Area's median home price has risen now for 55 consecutive months on a year-over-year basis and reached $675,000 in October, property data service CoreLogic reported.
Treasury Secretary-designate Steven Mnuchin's plan to remove Fannie Mae and Freddie Mac from government control could mean increased competition for lenders' loans. But it could also prompt a rise in mortgage rates.
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