The Latest

An index of contract signings for purchases of previously owned homes slumped to a record low in April as coronavirus lockdowns thwarted prospective buyers.

Fannie Mae and Freddie Mac have different timelines for the switch.

In addition to the potential wave of mortgage defaults resulting from coronavirus-driven forbearances, hurricane season could put nearly 7.4 million homes worth $1.8 trillion at risk.

But the number of foreclosures and zombie properties may spike after the moratorium ends on June 30.

Embrace will originate and close home loans in its own name for clients of the wealth management firm.

Michigan's economy collapsed this spring amid the coronavirus pandemic as thousands of businesses closed and more than 1 million residents lost work and sought unemployment benefits.

Mortgage rates fell this week to the lowest level ever recorded by Freddie Mac, even as it appears the relationship to the benchmark 10-year Treasury yield has stabilized.

Home sales dipped in April due to the COVID-19 pandemic, but the decline in Virginia wasn't as severe as many had anticipated, according to Virginia Realtors.

The temporary approval of remote ink-signed notarizations gives mortgage companies another tool for closing deals during coronavirus lockdown.

Kalahari Resorts defaulted on a $347 million mortgage originated by JPMorgan Chase