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A labor shortage is costing the market tens of thousands of new homes per year, and tariff uncertainty is adding thousands of dollars in expenses per unit.

The pace of revenue growth slowed toward the end of 2024, with the trend continuing into the first three months of this year, NAHB reported.

Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.

The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% since April, Freddie Mac said.

The firm, now going by Fairway Home Mortgage, said the change is a representation of plans to create a "connected ecosystem."

The state forecasts eroding coastlines will endanger $18 billion of existing homes and commercial buildings in the coming decades.

Nonbank payrolls rose incrementally during the homebuying season as home-loan borrowing costs trended lower and a housing regulator sought to influence Fed policy.

Kevin Wall abruptly left his job at one of the largest title underwriters to head up the nation's fifth largest holding company in the field.

Treasuries tumbled after a stronger-than-expected jobs report for June prompted traders to exit bets on an interest-rate cut by the Federal Reserve this month.

The market for buy-before-you-sell financing Flyhomes helped pioneer has developed to include new entrants, but it also is seeing sluggish buyer demand.

Newrez is suing Shellpoint Mortgage Servicing LLC for using a name that looks like one it has utilized as a d/b/a, which it says has caused confusion.

ALTA, MBA and CHEP trade groups make new appointments, Sagent welcomes cybersecurity executive and Ocrolus adds mortgage tech expert for new business unit.

The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, and while the tough talk has not changed policy, it has sent a clear message to the financial sector.

The inability or unwillingness to make needed renovations affects mortgage servicers by diminishing the value of their real estate collateral for the loan.

The RMBS notes benefit from geographic diversity and credit enhancement.

A Consumer Financial Protection Bureau "waives any alleged noncompliance" by the mortgage company while continuing to dole out redress to borrowers.

Refinance apps made up more than 40% of all mortgage applications last week, driving an uptick as consumers seek out cheaper mortgage payments.

The chairman and regulator of Fannie Mae and Freddie Mac pointed to Jermone Powell's recent testimony about renovations to the Federal Reserve's headquarters.

It's a rare theft of trade secrets complaint by the industry leader, which stayed out of the spate of litigation between competitors during the refinance boom.

Treasuries fell for a second day, pulled lower by a selloff the UK bond market, as traders shifted their attention to a report on the US jobs market on Thursday.