Origination

The decrease between February and April came in far smaller than typical seasonal trends, Redfin said.

However, much of the damage could already be priced into the stocks after this latest selloff, analysts said.

Housing market players navigated big changes, and controversy, as the spring market moved forward.

An analysis shows how much money consumers are losing by not comparing offers from different lenders.

Investors are concerned that a deal will not be reached in Washington and a default will take place, driving up the benchmark 10-year Treasury yield.

U.S. pending home sales stagnated in April as high mortgage rates paired with limited inventory continued to curb buyer demand.

Home purchasers had to come up with 0.9% more in April versus what they would have paid in March and 11.8% higher on a year-over-year basis, the Mortgage Bankers Association said.

Manufactured units, down payment assistance and bond investments could help alleviate some of the issues facing aspiring homeowners, but inventory issues will persist, a panel of experts said.

The unit was looking to remain as a team, but reportedly the buyer was only interested in the sales staff.

The beleaguered bank said it is selling 74 loans totaling about $2.6 billion to a subsidiary of Kennedy-Wilson Holdings. The move is part of a plan to pursue strategic asset sales, trim expenses and shore up its balance sheet.