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Strong economic trends like an improved employment outlook and rising homebuilder sentiment helped to drive average mortgage rates up 12 basis points from a week ago, according to Freddie Mac.

The four prudential agencies, which will enforce the new credit loss methodology developed by the Financial Accounting Standards Board, said they want to promote consistency.

Gentrification and rapid home price growth have intensified the loss of wealth the African-American community experienced post-crisis, widening the chasm between what white and black borrowers can afford, Redfin found.

Spooked that the newly renovated house you're about to buy in Charlotte may be haunted?

Redwood Trust is adding to its single-family rental lending business by purchasing CoreVest American Finance Lender from its management team and affiliates of Fortress Investment Group.

For the mortgage industry, the question of whether the Fed can control its target range for interest rates is crucial for managing volatility.

CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.

The Minneapolis company attributed the uptick to new tech tools, additional loan officers and other process improvements — not to mention the refi boom fueled by lower rates. It’s a formula other banks are expected to copy.

Bank of America's total first-mortgage originations rose while its home equity production decreased in the third quarter.

Mortgage lenders prefer to invest in improvements to their consumer-facing technology because it offers a better return than similar spending on back-end processes, according to Fannie Mae.

Executives sent a letter to the federal banking regulators last month expressing concern that an alternative to the London interbank offered rate could limit credit availability.

Homebuilder sentiment climbed to the highest level since February of last year as cheaper borrowing costs and a still-sturdy job market lifted measures of prospective buyer traffic, sales and the demand outlook.

Mortgage applications increased 0.5% from one week earlier, although interest rate instability affected consumers' ability to get the best price for their loan, according to the Mortgage Bankers Association.

The Minneapolis bank says recent investments in its retail operation contributed to strong improvement in home lending and mortgage banking fees.

Single-family homes sold briskly last month in the Colorado Springs area, while prices rose again — good news for sellers, but an increasingly tough time for entry-level buyers trying to find an affordable house.

Hawaii island's housing market turned in mixed results in September but the results were worse on Kauai where sales and prices fell for both single-family homes and condominiums.

As global warming contributes to the spread of wildfires, those fires lead to the destruction of homes, mortgage delinquencies and defects. From Texas to California, these are the 15 housing markets with the highest wildfire reconstruction costs, according to CoreLogic.

Origination volumes continued to drift upward at JPMorgan Chase and Wells Fargo in the third quarter as mortgage servicing rights values fell more sharply than some analysts expected.

The $50.4 million participation is the largest loan in UBS' next $807.3 million commercial mortgage securitization.