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Pre-fabricated homes that have features and GSE financing competitive with traditional houses could bring prices down roughly into the $200,000 range, making them affordable to roughly 1.5 million people.

The Consumer Financial Protection Bureau’s acting director has said he could rethink the pending Fair Debt Collection Practices Act rules, but a report released Monday indicated they’re moving ahead for the time being.

A PIMCO-sponsored HELOC securitzation, as well as a mortgage-insurance linked transaction, are the latest examples of issuers getting a head start on switching to an expected replacement benchmark for Libor.

These trends, in addition to the increase in appraisal contingency waivers, could add risk to mortgage lender businesses.

Contract closings decreased 6.6% from the prior month to an annualized 6.22 million from a downwardly revised 6.66 million in January, according to National Association of Realtors data released Monday.

From offering operations folks big bonuses to grooming recent grads, lenders are getting creative in their efforts to manage staffing throughout the boom-bust cycle.

The Military Urban Development Initiative, which is also open to civilians, allows buyers to select a lot, house design and mortgage.

Also: How 9.3 million renters could enter the purchase market, lessons from Flagstar’s data breach and a possible 15-year plan for Fannie and Freddie.

The complaint alleged the bank discriminated by refusing to make a mortgage loan after learning it would be used to finance a group home for disabled people.

A slower rate of appreciation looks more likely than depreciation in most markets, according to the company’s latest report.