The Latest

Finance of America Reverse has launched a revolving credit line product that allows borrowing power to increase over time by allowing 75% of funds to grow for future use.

A judge dismissed New York's mortgage-fraud case against former Trump campaign chief Paul Manafort, undermining the state's effort to ensure that the jailed political adviser doesn't go free if he’s eventually pardoned for his federal crimes.

Canadian home sales picked up in November as a rebound in Toronto and Vancouver offset weakness in Calgary.

Mortgage applications decreased 5% from one week earlier as, absent any rate incentive, activity slowed because of the holiday season, according to the Mortgage Bankers Association.

A property deal for hundreds of apartments near downtown San Jose has cleared the way for a major renovation of the property that will also ensure the preservation of affordable housing for decades to come at the complex.

The number of homes sold in metro Baton Rouge in November dropped by 2.4% from the year before, while home prices and the number of properties for sale also decreased.

A dozen of the nation's largest underwriters were accused of colluding with traders to artificially set prices on the secondary market for Fannie Mae and Freddie Mac securities.

The proposed changes laid out by banking regulators would clear up confusion about what qualifies for CRA credit within so-called Opportunity Zones. But not all community development advocates are convinced that the changes are for the better.

Democrats on the Senate Banking Committee are pressuring Federal Housing Finance Agency Director Mark Calabria and Treasury Secretary Steven Mnuch to provide more details on administration plans to end the conservatorships of Fannie Mae and Freddie Mac.

Fitch may use a new Structured Finance Association framework aimed at prioritizing only riskier TRID errors to assign grades to loans sold into residential mortgage-backed securities, reducing rating-related compliance burdens.