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An increase in credit risk transfer activity since 2015 signifies a sea change for private mortgage insurers that may be about to intensify, according to an industry trade group.
November 5 -
Ocwen Financial's cost-cutting initiatives are bearing fruit toward returning to profitability, management said, although the company's third-quarter loss was slightly higher than the same period one year ago.
November 5 -
Realtors in the Albany, N.Y., region are hoping that the tight supply of homes for sale will push prices up enough to encourage more listings.
November 5 -
Financial regulators have been put on notice about the risk of an economically damaging cash crunch in the home mortgage market. Behind the concern: the rapid growth of shadow banks in the origination and servicing of home loans.
November 5 -
The pace of Colorado Springs-area home construction picked up again last month, as rock-bottom mortgage rates and a strong local economy continued to drive the local demand for houses.
November 5 -
Sixty percent of the loans were underwritten with just 12- or 24-month bank statements, according to ratings agency reports.
November 5 -
The San Francisco fintech company has agreed to pay a $110,000 fine for failing to comply with a 2017 state law that requires mortgage servicers to be licensed.
November 4 -
Orix Corp. has agreed to buy U.S. commercial real estate lender Hunt Real Estate Capital, its latest acquisition in the field.
November 4 -
Inventory shortages, favorable tax policies and a dearth of affordable options caused homeowners to increase the number of years lived in their home, according to a Redfin report.
November 4 -
Apple will contribute $2.5 billion toward easing the housing crisis in California, joining other technology companies in helping alleviate a problem they are often blamed for exacerbating.
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