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Default rates for prime jumbo mortgages will increase, but a strong economy and rising home prices will bail most borrowers and lenders out, Moody's said.

Home prices were up 3.9% annually in the San Diego metropolitan area in November, outpacing all other West Coast markets, the S&P CoreLogic Case-Shiller Indices reported.

After maintaining a $250,000 exemption threshold for real estate appraisals for nearly 20 years, the National Credit Union Administration is set to raise that limit to $400,000.

United Wholesale Mortgage invested in regional Super Bowl advertising for the first time and local competitor Quicken Loans added to its longstanding national marketing ties to the game.

Homeownership is one of the fastest ways for people to build wealth and giving down payment assistance provides creditworthy borrowers an opportunity to buy a house they otherwise wouldn't have, according to the CBC Mortgage Agency.

After a months-long slump in Bay Area home prices, the market appears poised to drive higher as buyers act on low interest rates and fight for scarce inventory.

JPMorgan Chase & Co.'s Mike Weinbach, chief executive officer of the home-lending business, is departing the firm after 16 years.

Loan application defect risk fell in December after stabilizing the prior month, but it's not dropping as it quickly as it once was, according to First American Financial.

The agency has named Thomas G. Ward as the bureau's assistant director for enforcement. House Democrats have questioned Ward's role as a political appointee in the Trump administration.

The U.S. homeownership rate rose to a six-year high in the fourth quarter, led by gains among young people and low-income Americans.

No Republicans voted for the package of bills intended to overhaul the credit reporting system, casting doubt on its chances in the GOP-controlled Senate.

Mortgage rates continued sliding this week as investors put money into safer assets like bonds, contributing to the 30-year fixed-rate mortgage dropping 9 basis points, according to Freddie Mac.

Rising home prices allowed central Ohio homeowners to make more on the sale of their homes last year than ever.

After being range-bound for several weeks, mortgage rates are fluctuating enough to spur significant changes in refi incentive, according to Black Knight.

The number of large-scale natural disasters continued to proliferate in 2019, creating new situations where local mortgage delinquency rates could stay inflated for the following 12 months, according to CoreLogic.

Contract signings to purchase previously owned homes unexpectedly slumped in December, depressed by fewer listings of properties and representing a blemish after a recent spate of positive housing-market news.

Metro Atlanta home prices outpaced all but three other Sun Belt cities during the past year, according to a high-profile national survey.

Mortgage applications increased 7.2% from one week earlier as consumers reacted to falling interest rates related to news regarding the coronavirus, according to the Mortgage Bankers Association.

The six bills championed by Democrats aim to reduce consumer burdens and provide opportunities for borrowers to rehabilitate their credit, but the legislation garnered no Republican support.

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