FHA

The Department of Housing and Urban Development is facing a leadership crisis as top jobs go unfilled, leaving key decisions unresolved.

Mortgage application volume was practically flat when compared with one week earlier, according to the Mortgage Bankers Association.

Newly constructed home purchase mortgage applications were down by 12% compared with June, but the data indicates housing starts won't drop as much as expected.

Critics of recent False Claims Act enforcement argue the Justice Department is too heavy-handed toward lenders and servicers. But in an industry reputed for shoddy processes during the crisis, perhaps stringent oversight is warranted.

FHA loans made to millennial home buyers have been steadily decreasing the past four months, indicating they may be able to afford more at the moment.

Mortgage application volume increased 3% from one week earlier as slightly lower interest rates resulted in more refinance activity, according to the Mortgage Bankers Association.

The year opened with hopes that regulatory and enforcement pressures would abate for the mortgage industry. The reality has turned out quite differently.

Mortgage application activity decreased 2.8% from one week earlier as interest rates were flat or moved slightly higher, according to the Mortgage Bankers Association.

JPMorgan Chase’s home lending unit is trying to position itself as the solution for millennials who increasingly want to buy their first homes despite rising prices and other affordability hurdles.

Loan application volume increased 0.4% from one week earlier, according to the Mortgage Bankers Association, as rates fell to their lowest level in three weeks.

Policymakers should differentiate between housing finance-related issues of real importance to the greater public interest, and those that concern only special interests.

A former California mortgage lender agreed to pay $4.2 million to settle civil fraud allegations that its lending practices in the Southeast caused taxpayers to lose millions of dollars when homeowners defaulted on their loans after the Great Recession.

The share of closed purchase loans remained flat in June, affected by the lack of homes for sale, according to Ellie Mae's Origination Insight report.

Mortgage loan application volume increased 6.3% last week as interest rates remained flat after a sharp gain during the previous 14-day period, according to the Mortgage Bankers Association.

The House Appropriations Committee approved a HUD funding bill Monday that would prohibit the FHA from insuring properties with a Property Assessed Clean Energy loan in a first-lien position.

Loan application activity for the purchase of newly constructed homes decreased 4% in June from the previous month, according to the Mortgage Bankers Association.

A new PACE financing program is launching in Florida on July 24 with protections to address concerns that some consumers aren't informed about the program's liens, service fees and property tax assessments

Rising mortgage rates hurt both refinance and purchase application activity as volume decreased 7.4% from one week earlier, according to the Mortgage Bankers Association.

Federal Reserve Board Gov. Jerome Powell stopped short of endorsing any single housing finance reform plan, but called on lawmakers to resolve what he described as the biggest unfinished business of the crisis.

Mortgage application activity increased 1.4% from one week earlier despite rising interest rates, according to the Mortgage Bankers Association.