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Purchase loan volume increased in December, reversing a four-month decline, according to the mortgage data firm Ellie Mae.
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The government has added further protections to reverse mortgage borrowers' spouses who are not named in the loan agreement, but placed conditions under which they are ineligible for older protections.
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Aiming to address a nationwide shortage of affordable housing, FHA has launched a risk-sharing pilot program that it hopes will encourage community development lenders to finance the rehabilitation of smaller multifamily apartments.
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Lenders could save time and money by offering homeowners the opportunity to finance the purchase of a rooftop solar system into a new mortgage.
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Arch Capital Group is repurposing a subsidiary to insure mortgages that are headed for private securitizations. Insuring such loans separately from the unit that works with Fannie and Freddie lets Arch offer more favorable terms to lenders.
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You can team up with another mortgage originator to make sure you act on your marketing plan.
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Mortgage applications were down for the first time this year as both purchase and refinance activity decreased.
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Sales of single-family homes in Connecticut rose 2.4% compared to the same period a year earlier.
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More than 300,000 South Floridians who lost their homes during the housing bust could be eligible to own again over the next eight years.
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In another sign of a slowdown in the housing recovery, home values ticked up by 1.5% in the New York metropolitan area, including North Jersey, in the 12 months ending in November.
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