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Bank mortgage originations were up 7% in the fourth quarter of 2015, while the number of Federal Deposit Insurance Corp.-insured institutions that deal primarily in mortgages dropped more than 9% from a year ago.
February 23 -
Low- to moderate-income consumers and minorities face a difficult time when it comes to buying a home in New York, according to an affordable housing advocacy group.
February 23 -
Sales of previously owned homes unexpectedly rose in January to the second-highest pace since early 2007, indicating the industry will keep prospering.
February 23 -
The affordable housing market has dried up in major cities across the country. In response, regulators and lenders are looking into new programs to get people back into single-family homes while also exploring ways to encourage multifamily developments.
February 23 -
Home values in 20 U.S. cities steadied in the year ended December, putting residential real estate on healthier footing to contribute to the economic expansion.
February 23 -
Law enforcement authorities raided the headquarters of United Mortgage Trust in Grapevine, Texas, on Feb. 18, seeking documents related to the company's management.
February 22 -
The Treasury Department will invest an additional $2 billion from the Troubled Asset Relief Program into a federal fund that seeks to protect homeowners from foreclosure.
February 22 -
About half of U.S. consumers expect their homes to keep rising in value this year, even with three years of increases under their belt, according to LoanDepot.
February 22 -
Mortgage loan delinquencies declined in January, according to Black Knight Financial Services.
February 22 -
Bank of America on Monday will launch a 3% down payment home loan in partnership with Freddie Mac, but the bank will not retain any risk if the loans default. Thats because it will immediately will sell the loans and servicing rights to Self-Help Federal Credit Union, a Durham, N.C., community development lender that's on a mission to put more low- and moderate-income families into homes of their own.
February 22





