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The city of Philadelphia and Wells Fargo have agreed to resolve a 2017 lawsuit in which the city accused the bank of violating the Fair Housing Act by steering minority borrowers into risky, high-cost loans.

Without admitting wrongdoing, the bank has agreed to contribute $10 million to city programs promoting homeownership for low- and moderate-income residents.

U.S. homebuilder sentiment advanced in December to the highest level since 1999 amid stronger sales and a surge in prospective buyer foot traffic.

A larger share of Manhattan high-end residential property purchasers took out a mortgage during the third quarter rather than pay all cash for their condominium

Economists see little break in the feverish Bay Area residential real estate market coming in 2020.

Albuquerque is expected to have more empty houses than most cities, due to the baby boomer generation leaving their single-family homes behind.

Star investor Jeffrey Gundlach and his team have generated strong returns by focusing on under-followed pockets of the market like mortgage securities, but his success may be hard to replicate.

Freddie Mac launched a groundbreaking multifamily structured pass-through deal that includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate for the first time ever.

Figure Technologies appears to be one of the few companies to find a viable use case for blockchain in the financial industry — cutting down the costs associated with loan origination.

The SoFi co-founder said Figure Technologies is working with national banks to employ its distributed ledger tech for loan originations.

As home value appreciation keeps churning, the share of those upside down on their mortgage grows smaller than ever, according to CoreLogic's Home Equity Report.

Houston's feverish housing market is poised for another record year as low mortgage rates, population growth and a relatively healthy economy fuel sales throughout the region.

While the housing market countrywide is expected to cool in 2020, the Chattanooga area is set to sizzle as the fourth best metro area in the country, a new ranking shows.

From the Southeast to the Midwestern plains, here's a look at the 12 cities where first-time homebuyers can afford the largest share of houses for sale, according to First American.

Mortgage lenders became slightly bearish on their profitability outlook in the fourth quarter, with the competitive landscape and shift to a purchase market cited as the main concerns, according to Fannie Mae.

The percentage of home loans with late payments is unlikely to fall much further in 2020 when mortgages made to lower credit-score borrowers could rise slightly, according to TransUnion.

Mortgage industry hiring and new job appointments for the week ending Dec. 13.

Mortgage rates rose slightly with a stronger-than-expected jobs report starting the week and the Federal Open Market Committee decision to hold the line on short-term rates ending it, according to Freddie Mac.

Mortgage application activity increased 3.8% from one week earlier, with refinance volume for Federal Housing Administration-insured loans taking the spotlight, the Mortgage Bankers Association said.

Florida-based depository Capital City Bank has struck a deal to purchase a 51% share in regional lender BrandMortgage.