Lalita Clozel

Credit scores on closed loans reached five consecutive months of decline in October, according to Ellie Mae.

Mortgage applications for new homes accelerated in decline in October.

Homeowners are less and less pushed to sell by market conditions, according to Seattle-based brokerage firm Redfin.

Cherry Hill Mortgage Investment Corp. posted a third-quarter loss due mainly to a hit on unrealized derivatives income.

The former chief executive of a Nebraska bank has been convicted by a federal jury for lying to investors and regulators about considerable losses tied to risky commercial real estate investments.

The housing recovery is still pushing through full-steam, according to CoreLogic's latest National Foreclosure Report.

Commercial real estate executives expect asset values and capital availability to stabilize next year, according to The Real Estate Roundtable's fourth-quarter Sentiment Index survey.

The Federal Agricultural Mortgage Corp. reported declining profits in the third quarter, citing unrealized fair value changes in leveraged assets.

Mixed views of the economy drove consumers' overall trust in the housing market down in October, according to Fannie Mae's Home Purchase Sentiment Index.

Jumbo loan securitizer Redwood Trust Inc. posted a sharp decline in profits in the third quarter driven by negative noninterest income.

Profits on home sales reached their highest point in eight years in the third quarter despite a slowing-down of appreciation rates, according to RealtyTrac's U.S. Home Sales Report.

WASHINGTON — The House passed a massive $340 billion transportation bill on Thursday, striking two key provisions hated by the banking industry while adding several other measures that could affect financial institutions.

Nationstar Mortgage Holdings took $66 million in losses for the third quarter, compared to a $75 million gain in the second quarter.

Mortgage applications decreased 0.8% for the week ending Oct. 30 according to the Mortgage Bankers Association's weekly survey — an improvement from the 3.5% drop registered the week prior.

Bank of America has paid more than $2.1 billion in consumer relief in the second quarter, making strides in paying the mortgage crisis-related penalties imposed by the Justice Department, an independent monitor announced Tuesday.

The housing market displayed bright short-term and long-term trends in September, according to CoreLogic's Home Price Index.

A New Jersey woman and her parents were found guilty of a sophisticated mortgage equity fraud scheme by a Pennsylvania federal jury.

A Georgia real estate investor pleaded guilty this week to property bid rigging and mail fraud, according to the Federal Bureau of Investigation's Atlanta division.

A handful of housing markets in the West showed signs of resilience in October, Pro Teck Valuation Services' monthly Home Value Forecast indicates.

BOK Financial reported a small drop in third-quarter profit, as a decline in the value of mortgage servicing rights offset loan and fee income growth.