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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 -
The Federal Housing Finance Agency is seeking comment on a proposal that could pave the way for potential Fannie Mae and Freddie Mac competitors to use the uniform mortgage-backed security structure.
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.
November 4 -
Early payment mortgage defaults went to the highest level in nearly a decade, particularly among loans included in Ginnie Mae securities, a Black Knight report said.
November 4 -
A sluggish Southern California housing market showed signs of heating up in September, as prices rose modestly and sales jumped by the largest amount in nearly three years.
November 4 -
Prosper hopes to do for lines of credit what it did for unsecured personal loans, while BBVA hopes to provide a better experience for customers.
November 4 -
CIT Group has agreed to lend and invest the money mostly in California as well as in the eight states where Mutual of Omaha Bank has branches.
November 1 -
A group of 64 House lawmakers is pushing congressional leadership to incorporate premium caps and address a new methodology for assessing risk in flood insurance reform legislation.
November 1 -
Nonbank and bank mortgage employment has leveled off in line with typical seasonal trends, but some lenders remain more interested in hiring than is usually the case late in the year.
November 1 -
Freddie Mac is now forecasting back-to-back years of $2 trillion in mortgage loan originations rather than a drop-off in 2020.
November 1 -
Years after the foreclosure crisis ended, the Tampa Bay area still has 305 "zombies'' — vacant homes in some stage of foreclosure.
November 1 -
Australia's housing market recovery surged ahead in October, led by further hefty gains in the nation's two biggest cities.
November 1 -
More private mortgage insurers reported significant year-over-year gains in new business during the third quarter, mainly driven by the increase in refinance volume.
October 31 -
A risk management model revision that decreased single-family loan-loss allowances and a strong mortgage lending environment contributed to consistent earnings results at Fannie Mae in the third quarter.
October 31 -
Recent Fannie Mae and Freddie Mac activities are “not the kind of day-to-day behavior that you would expect from companies” under federal control, the head of the Federal Housing Finance Agency said.
October 31 -
Mortgage rates rose for the third straight week — which hasn't happened since April — driven by investors' reaction to positive news regarding trade, according to Freddie Mac.
October 31 -
Freddie Mac will make haste to leave conservatorship in line with new regulatory directives, but it's uncertain how quickly it can move, CEO David Brickman said in an earnings call.
October 30 -
Denmark is set to change its laws to stop property investors from ratcheting up rents, as the center-left government made clear it wants to target Blackstone Group and companies like it.
October 30 -
Dallas-area home prices were up 2.8% from a year ago in the latest nationwide comparison.
October 30

























