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The company's second-quarter net income was $116 million, with mortgage banking revenue of $239 million.

After receiving a third-party stamp of approval, Fannie Mae announced July 27 completing the latest two issuances of a single-family green mortgage backed security as part of an ongoing program that started in April and expands its long-time multi-family green MBS program.

The U.S. homeownership rate, led by young buyers, jumped to the highest since 2008, signaling that the housing boom underway before the pandemic has only accelerated.

Rocket Cos., the parent of the mortgage giant founded by billionaire Dan Gilbert, is seeking to raise as much as $3.3 billion in a U.S. initial public offering.

Miami-Dade and Broward experienced a dip in year-over-year residential transactions in June. But it's not all gloom and doom: Pending sales increased year-over-year, a sign of activity increasing since April.

Is a surge of wealthy out-of-state homebuyers fueling a drastic increase in home prices in Missoula and western Montana?

A likely weathervane for how single-family rentals are being affected by the pandemic, the $826.2 million securitization by FirstKey Homes is ultimately secured by income stemming from home rentals located in current COVID-19 hotspots including Florida and Arizona.

The number of loans going into coronavirus-related forbearance dropped for the sixth consecutive week, as the growth rate fell 6 basis points between July 13 and July 19, according to the Mortgage Bankers Association.

Tight inventory is expected to drive home prices higher over the summer, according to First American.

Optimal Blue is being combined with Compass Analytics.

Whalen: "It is tempting to think that low interest rates will cure all ills in the housing sector, but this view is seriously in error, as we learned in 2008."

The Southern California housing market is showing signs of heating up following a coronavirus-induced slump.

After steep year-over-year declines in home sales in April and May, Tampa Bay's housing market showed signs of a strong rebound in June from pandemic-induced sluggishness, according to new figures released by Florida Realtors.

Citing possible exploitation, Bank of America instituted a policy that put limits on loans to persons in guardianship. It later ended the policy.

As home loans surge and lenders look to expand, they're doing a cost-benefit analysis on the possibility of opening more commercial locations.

CoreLogic said more refinancings and fewer investor purchase mortgages drove its index down to a level last reached in the third quarter of 2010.

New-home sales in the U.S. increased to an almost 13-year high in June, fueled by record-low borrowing costs and adding to evidence that residential real estate is a bright spot for the economy.

While the COVID-19 pandemic has hammered other areas of the Albuquerque, N.M., economy, it's becoming clear that it hasn't stopped residential real estate momentum.

Mortgage industry hiring and new job appointments for the week ending July 24.

Home-renovation loans to add features such as offices and pools could be one source of lending as credit unions struggle with overall sluggish loan demand.