Organization Root Tag

There is a real possibility of a large, nonmortgage brand coming into the industry and consolidating a disjointed loan origination process.

The Federal Housing Finance Agency authorized the government-sponsored enterprises to contribute $502.2 million to two funds that help preserve and build affordable housing.

Officials from 10 midsize American banks said U.S. regulators' preferred index for replacing the maligned Libor benchmark is ill-suited for them.

Ginnie Mae in 2020 is going to seriously examine what it would take to respond to a longstanding, priority request of its issuers.

Contract signings for existing homes surged in January, rising the most since October 2010 after slumping a month earlier, adding to signs of more momentum in the housing market.

Mortgage rates slipped this week, as the stock market sell-off resulted in investors moving into bonds which drove the 10-year Treasury yield down, according to Freddie Mac.

CoreLogic's fourth-quarter earnings reflect the success of the transformation to an appraisal management company business model accelerated in the prior-year period.

A strong economy and pressures from thousands of people moving to the state will accelerate Texas home prices in 2020.

Despite the increased frequency and intensity of natural disasters caused by climate change, just 33% of consumers said it's a major factor in determining when or where to buy or sell a home, according to Redfin.

Distressed mortgage servicing costs are falling and that's primarily due to the market's stability, but it also reflects improved efficiencies that may help in a weaker economy.

The cancellation by New Residential of a money-losing subservicing agreement should benefit Ocwen's financial results going forward, the company said.

Mortgage application volume rose last week, but with the 10-year Treasury yield tanking in recent days, growth in refinancings for the current period is quite likely, according to the Mortgage Bankers Association.

New-home sales jumped at the start of the year, reaching the strongest pace since mid-2007 on the heels of cheaper borrowing costs, favorable weather and a resilient labor market.

Growth in Puget Sound home prices accelerated as 2019 drew to a close, topping national averages for the first time all year, according to the latest S&P CoreLogic Case-Shiller Home Price Index.

Overall housing value growth remained steady in the fourth quarter with some states going way above the national average, according to the Federal Housing Finance Agency's Home Price Index.

The agency's director said both steps will come as part of an ongoing review of agency rules and show her "commitment under the law to be effective and evidence based” in providing clarity to stakeholders.

Southern California home prices shot up in January from a year earlier, as buyers fought over a meager supply of homes for sale across the six-county region.

Home prices in 20 U.S. cities advanced in December by the most in nearly a year on the heels of stronger demand and lean inventory.

The Department of Housing and Urban Development asked mortgage servicers and other stakeholders to respond quickly to a proposed set of foreclosure-sale policy improvements so it can finalize them soon.

With inventory tight, roughly 80% of housing markets had purchase bidding competition in January and value appreciation is expected to increase in the coming months.