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Regulators should create a simple liquidity formula that allows the secondary market to function rather than using depository rules as a model, writes the head of Whalen Global Advisors.

The meager increase suggests the largest boost in inventory possible would likely still leave the backlog of homes on the market at historic lows.

More units sold above asking price as skyrocketing home values pushed consumers out of the single-family market, according to Redfin.

While the unit saw a bigger increase in purchase volume compared to its competitors, net income, loan sales margins and total volume was lower compared with prior periods.

Despite lower numbers, refi applications continued trending strongly, while purchases fell close to lows from more than a year ago.

The cloud IT provider for settlement services companies has no timeline on when services will be restored following its shutdown Friday.

The Office of the Comptroller of the Currency confirmed it will rescind an unpopular rule overhauling the Community Reinvestment Act and joined other agencies in calling for a renewed interagency effort.

The Rhode Island bank endured a sharp decline in fee income from home loans, which had spiked earlier in the pandemic. But CEO Bruce Van Saun says the company is well positioned as the refinancing boom fades and the home purchase market becomes more important.

Meanwhile, the average new-home mortgage price climbed to a new all-time high, according to the Mortgage Bankers Association.

White Americans are more likely to benefit from generational wealth when purchasing property.