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Mortgage rates fell to their lowest level in three months, possibly because investors became nervous following the spread of a coronavirus in China and elsewhere.

Trade associations representing mortgage lenders and securities market participants are asking the Federal Housing Finance Agency to rethink a plan to restrict pooling options for loans sold into uniform mortgage-backed securities.

Sales of previously owned homes jumped in December to the best pace in nearly two years as historically low interest rates continued to lure buyers despite record-low inventory.

Mortgage application activity slowed down this past week from its fast start to 2020, with a decrease of 1.2% from one week earlier, according to the Mortgage Bankers Association.

The median price paid for an existing, single-family home in the Bay Area fell in 2019 for the first full year since 2011, according to the California Association of Realtors.

The agency is sending a strong message that it won't rush to end an exemption for Fannie Mae and Freddie Mac while also signaling longer-term changes that will affect all lenders.

Citibank is on the hook for just under $18 million in flood insurance violations, according to the Office of the Comptroller of the Currency.

The inventory of homes for sale is at a seven-year low and that is likely to continue to shrink in the coming months, a Zillow report said.

U.S. developers are moving into the U.K.'s rapidly expanding market for rental housing, including student dorms and senior-living facilities.

IBM called for rules aimed at eliminating bias in artificial intelligence to address concerns which range from identifying faces in security-camera footage to making determinations about mortgage rates.

Foreclosures in San Diego County have hit record lows, following a national trend of better fortunes for homeowners coming out of the Great Recession.

Director Kathy Kraninger has told lawmakers that the agency will delay the expiration of the so-called QM patch, now set for January 2021.

The Federal Housing Finance Agency is considering bringing back the idea of imposing stricter criteria for purchasing mortgages in areas where residential Property Assessed Clean Energy financing is available.

The rate of home sales reached a 33-month peak in December, swinging the pendulum of supply and demand, and pushing value appreciation to a 19-month high, according to Redfin.

Mortgage loan officer compensation remained level year-over-year as an unexpected surge in originations surprised employers expecting it to be a down year, an LBA Ware report said.

With most U.S. households spending more and paying their bills on time, their creditors are feeling more confident than ever.

Groundbreakings on new homes surged in December to a 13-year high, giving the housing market momentum heading into the new year amid low mortgage rates, solid job growth and optimistic buyers and builders.

Under terms of the settlement approved by a Georgia court Monday, Equifax may also have to pay an additional $125 million if the initial amount doesn't cover all the claims.

Homebuilder sentiment posted the highest back-to-back readings since 1999, as developers saw a surge in prospective buyers and a bump in the sales outlook.

Loan applications to purchase newly constructed homes rose over one-third annually during December as new residential construction recovered, according to the Mortgage Bankers Association.