Just days before President Obama will leave office, the White House released a white paper advocating for the U.S. government to engage in efforts to promote the fintech industry.
Top Democrats vowed to defend the Consumer Financial Protection Bureau, predicting Director Richard Cordray will file a lawsuit if he were fired by Donald Trump after he is sworn in as president.
The Department of Housing and Urban Development's proposed guidance has stirred up a debate on elevation standards as flooding occurs more frequently and in more unexpected places.
Houses sold for more money in Central New Mexico in 2016 compared with the year before, but less inventory in some in-demand ZIP codes and rising prices may be a concern for home buyers going into 2017.
The Columbus, Ga., bank reported higher fourth-quarter profit on growth in business loans and mortgage banking.
The startup, known for refinancing millennials' student loans, is now writing more than $100 million of home mortgages a month, and expects this to be its fastest-growing product. Here's why.
San Antonio's booming growth and low interest rates helped fuel another record for home sales last year, also pushing the area's median home price to its highest level ever.
To meet a 20% down payment, homebuyers on average have to spend more than two-thirds of the average annual income, according to a report from Zillow.
The Federal Housing Administration program could see a $50 billion increase in single-family loan endorsements this year if a planned 25-basis-point annual premium cut goes into effect on Jan. 27.
JPMorgan Chase's net mortgage banking revenue for the fourth quarter was $1.69 billion, an increase of just 1% over the same period in 2015.
The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier.
Higher interest rates will add stress for millennials looking to buy a home, according to an analysis from Fitch Ratings.
Mortgage industry hiring and new job appointments for the week ending Jan. 13.
January 13, 2017
Bank of America Corp.'s fourth-quarter mortgage revenue almost doubled to $519 million from a year earlier.
Banks have started reconsidering how much they are willing to pay for low-income housing tax credits as expectations of a Trump tax cut surge, slowing down some projects already and threatening developers with heavier financing burdens.
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