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As the summer home-selling season came to a close, median sale prices — both across Central Texas and within the Austin city limits — reached all-time highs in August, the Austin Board of Realtors said.

Data security, while better than paper-based processes, still can be a problem, according to panelists at Digital Mortgage 2020.

A combination of pent-up demand, low inventory and rock bottom interest rates is making it extra tough for homebuyers with government-backed loans.

Mortgage industry hiring and new job appointments for the week ending Sept. 18.

The future of Fannie Mae and Freddie Mac, the Fed’s supervisory regime for the biggest financial institutions, reform of the Community Reinvestment Act and a host of other industry-related issues are on the ballot this November.

Although it moved from the glitz of Las Vegas to a fully virtual event, the 2020 Digital Mortgage Conference delivered insights and acumen from the industry.

The Flagstar MortgageTech Accelerator program was designed to give qualified fintechs access to experienced mentors and potential customers. Applicants also may obtain access to seed capital funding.

Home starts fell more than forecast in August, reflecting less construction of apartments and a decline in the tropical storm-hit South, representing a pause in momentum for a housing market that's been a key source of fuel for the economy.

Mortgage lender loanDepot is taking steps toward rebooting plans for an initial public offering, about five years after scrapping one at the last minute, according to people with knowledge of the matter.

The median sales price for a single-family house in Rhode Island hit an all-time high of $333,164 in August, according to the Rhode Island Association of Realtors.

Mortgage rates remained relatively flat, rising a single basis point off of last week's record low, according to Freddie Mac.

Nowhere is the widening gap between real estate and the real economy more apparent than in Las Vegas, where tourism is in ruins, wages are plunging and home prices just keep rocketing higher.

The median housing prices in Merced County, Calif., have increased in each of the last five months.

Fannie Mae and Freddie Mac have been slammed for planning an additional refinancing charge to cover COVID-related losses, but the head of the Federal Housing Finance Agency defended the policy in House testimony.

Low rates, along with increased new and existing home sales activity drives the latest forecast.

The central bank said it would keep interest rates at current levels through at least to help the U.S. economy recover from the coronavirus pandemic.

Lenders and vendors are starting to realize that there are both areas in which artificial intelligence can be used more broadly, and areas in which technology’s role should be limited.

A deep understanding of the history of racial discrimination in both lending and technology is a prerequisite to the development of new technologies, panelists said.

Congress should pass legislation that would allow Home Loan banks to backstop deposits by local governments at commercial banks and lower the cost of bond financing, two mayors argue.

The only rational strategy for holding MSRs is to be very aggressive on protecting the servicing assets via loan recapture. This is one of the chief reasons that banks have been willing to give up their share in lending and servicing as they collapse back to retail-only lending strategies.