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Manhattan home sales plunged the most on record in the second quarter, while New York was shut down to prevent the spread of COVID-19.

Mortgage rates reached their lowest level this week since Freddie Mac began its Primary Mortgage Market Survey in 1971, but they might not have yet gotten to their floor.

A new study confirms what many central Ohio home shoppers already suspect: Nowhere in the country do homes sell faster than in Columbus.

The agency has proposed letting firms seek specific guidance, which can be applied to other institutions. But consumer groups worry the plan circumvents formal rulemaking.

As the country wrestles economic volatility, millennial homeownership demand rises, fueled by historically low mortgage rates.

Mortgage insurers had been operating under the belief that rules pertaining to natural disaster delinquencies apply with COVID-19, but now it's in writing.

The collateral in the $338 million also includes a large subset of mortgages (45% of the pool) that are considered "dirty current" loans with recent delinquent status.

The nonprofit, formed with the encouragement of government agencies to address borrower hardships in 2007, uses a model that has been challenged by the current crisis.

The U.S. economy can escape another decadelong slog back to health if strong public measures or a vaccine curb virus surges, Federal Reserve Bank of San Francisco President Mary Daly said.

FHFA, HUD and Ginnie Mae should let the rate of prepayments on MBS dictate bond prices and market rates.

The government agency's restrictions on issuer options for pooling loans go into effect immediately. Here's one thing it could mean for the secondary market.

In a letter to Director Mark Calabria, 17 organizations requested an additional 60 days to weigh in on the proposal meant to strengthen Fannie Mae and Freddie Mac's balance sheets post-conservatorship.

Mortgage application volume was down for the second consecutive week, this time by 1.8%, as a new record low for rates was not enough to overcome diminished demand, according to the Mortgage Bankers Association.

Home prices rose in April despite record unemployment and widespread shut downs, according to the S&P CoreLogic Case-Shiller Index.

San Diego home prices continued to increase into COVID-19's second month and grew at a quicker pace than other California cities.

Lenders and servicers' biggest pandemic challenges revolve around clarity for loan eligibility and understanding options for their borrowers once the forbearance period ends.

Andy Peach is leaving after less than a year in the top spot.

Chris Dodd and Barney Frank said the legislation — nearing its 10th anniversary — put banks in position to be a stabilizing force during the coronavirus crisis.

If the transaction does not go through, Genworth is looking at reviving a spin-out of its U.S. mortgage insurance business.

Columbus, Ohio, has nearly triple the number of properties at risk of flooding than are currently reflected on federal flood-plain maps, according to a new modeling tool.