The Latest

While fewer units are being sold and inventory is rising, both Remax and First American are upbeat about buyer demand remaining strong.

The latest increase suggests the housing finance industry is half done with its transition from extraordinary pandemic relief back to more normal loan performance.

Farmers Bank plans to develop new revenue from home loans, despite seeing many bigger lenders flee the same market.

The Community Home Lenders Association and the Community Mortgage Lenders of America are combining under a new name, the Community Home Lenders of America.

Numbers decreased for both purchases and refinances, which also saw the slowest pace of activity in over 20 years.

The move will reduce the excess capacity in the field but the effects on servicing are likely to dampen the Federal Housing Administration market, Keefe, Bruyette & Woods said.

Insurers and Uncle Sam are having trouble footing bills for mounting climate-related risks, particularly in regions prone to hurricanes and wildfires.

In a reversal of 2021 trends, inventory is increasing and price reductions are occurring across cost levels, though less often among the least expensive homes, according to reports from Zillow and Redfin.

The Federal Housing Finance Agency wants to change some of the government-sponsored enterprises' targets in ways that could create more low-income rental units as higher costs squeeze tenants.

Amid a $391.8 million impairment related to Title365, the fintech laid off 220 workers in August, bringing its total layoffs to 25% of its payroll since April, executives said.