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Rising mortgage interest rates not only will continue to constrain banks' once-robust revenue from this business, they will also affect existing borrower credit quality, a report from Moody's said.

Incenter Mortgage Advisors is facilitating the sale of $3.7 billion in mortgage servicing rights tied to Fannie Mae and Freddie Mac loans, roughly one-third of which have private mortgage insurance.

The Providence, R.I., company reported a 27% gain in profits thanks partly to a boost in fee income from its purchase of Franklin American Mortgage in August.

The extended boom in residential real estate sales in metro Detroit may be peaking if newly released September sales numbers are any indication, though experts say it remains a seller's market.

Mortgage industry hiring and new job appointments for the week ending Oct. 19.

With the home selling season winding down and autumn in full swing, here's a look at the cities where both home purchase prices and monthly rents are starting to ease.

Despite mortgage rates at a seven-year high and rising home prices and low inventory that are keeping consumers from buying homes, rental prices are declining in many markets.

Donald Layton, who has run the mortgage giant since 2012, discussed the busy agenda leading up to his departure and says Freddie can serve as a "technical adviser" in GSE reform talks.

Property values have grown enough for households to establish equity and make a profit, but homeowners continue staying put, causing sales to underperform their potential.

Conforming mortgage interest rates dropped slightly over the past seven days after weeks of steady increases, according to Freddie Mac.