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It was long believed down payment assistant programs were recipes for poor loan performance and future delinquencies, but that's not the case, according to a new report.
November 12 -
Mortgage credit availability increased in October from the previous month, as mortgage lenders increased their product offerings outside the government market, according to the Mortgage Bankers Association.
November 12 -
Fannie Mae and Freddie Mac’s exemption from the Qualified Mortgage rule is on borrowed time, but a House bill would allow lenders to use the mortgage giants’ guidelines for documenting borrower income.
November 12 -
Spokane County, Wash., home sales spiked in October, marking the second month in a row for year-over-year sales increases since 2018.
November 12 -
The sponsors of the Class A structure, deemed a “trophy asset” by Kroll Bond Rating Agency, are placing $825 million of a $1.2 billion whole loan into a transaction dubbed CPTS 2019-CPT.
November 12 -
IndiSoft will continue to support the distressed-borrower assistance platform formerly known as Hope LoanPort after the nonprofit that runs it winds down operations at the end of this year.
November 11 -
The dollar volume of mortgages guaranteed by the Department of Veterans Affairs rose nearly 9% in the past fiscal year as interest-rate reduction refinancing loans surged nearly 75%.
November 11 -
Tom Marano, a former Bear Stearns banker, was apparently well compensated following the housing crisis for heading up ResCap and Ditech, both of which went into bankruptcy.
November 11 -
Columbus was the nation's third-hottest housing market in October, but this time Columbus shared the spotlight with other Ohio cities.
November 11 -
A developer who swindled almost $400,000 from six families who sought new homes in Kirkwood, Mo., was sentenced to 12 months in prison.
November 11 -
Home sales in San Diego County jumped 14.7% in September from the same time last year, which analysts largely attribute to a drop in mortgage rates.
November 11 -
How's this for a flashback to 2017? Seattle home prices rose faster in October than they have for a year.
November 11 -
Unlike previous central bank chiefs, Powell’s chances of being renominated by either the current president or many of the Democratic contenders are slim.
November 10 -
Impac Mortgage Holdings generated $1.4 million in net income during the third quarter in earnings that were favorable compared to a string of losses in the past year.
November 8 -
The two newest private mortgage insurance companies had their best quarters ever for new insurance written, aided by the increase in consumers refinancing with less than 20% home equity.
November 8 -
Bay Area home prices continued to decline in September as the regional market slows from the rapid pace set over the past seven years.
November 8 -
Zillow Group reported third-quarter revenue that beat estimates as growing sales in its online marketing and home-flipping businesses sent shares higher in late trading.
November 8 -
Faced with higher property prices and piles of student debt, Americans are getting older and older before they buy a home.
November 8 -
Eric Blankenstein, who resigned from the Consumer Financial Protection Bureau in May after the discovery of his racially charged writings, was named acting executive vice president of Ginnie Mae.
November 8 -
Albuquerque's home prices continued to rise during a busy summer, according to a new industry report.
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