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The mortgage agency has hired Eric Blankenstein, who sparked controversy while at the consumer bureau over past revelations of racially charged writings.

The vast majority of consumers claim it's a good time to sell a house as slowing price appreciation doesn't translate to the promise of a bigger deal ahead, according to the National Association of Realtors.

As mortgage rates dip lower and lower through home buying season, the rate of closing loan applications keeps climbing, according to Ellie Mae.

As officials prepare plans for the government-sponsored enterprises' exit from conservatorship, there's no shortage of speculation about what those plans might look like and how they might affect the mortgage industry.

While low interest rates stimulated demand for housing in the first half of the year, affordability problems are holding back the purchase market, a First American survey of real estate professionals said.

New-home sales in the Houston area rose for the fourth straight month in May, but the market could be tightening as the number of pending sales continued to decline, a new report showed.

Mortgage applications decreased by 3.4% this week, although refinance activity remained close to its 2019 high point, according to the Mortgage Bankers Association.

It is the largest single commitment from a tech company to fight the housing shortage that threatens to stall the economic engine of Silicon Valley, as even well-paid workers must wrestle with escalating rents or finding a home to buy.

The little-known unit was launched in the wake of efforts by the CFPB and HUD to cut back on fair-lending activities, but the reach of the 10-month-old office is still unclear.

House Financial Services Committee Chairwoman Maxine Waters and Rep. Patrick McHenry, the top GOP panel member, said Facebook must testify about Project Libra.

The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.

Ditech Holding Corp. has entered into purchase agreements with New Residential Investment Corp. and Mortgage Assets Management, in which each would acquire certain assets in the company's Chapter 11 bankruptcy.

As Amazon looms over the mortgage industry, expert views differ on the retail monolith claiming its stake in the sector.

The Citigroup mortgage unit is not the first lender to be tripped up by California law requiring the interest payments on escrow impound accounts.

Alternative investment manager Pretium plans to buy Deephaven, a residential mortgage-backed securities issuer that operates outside the qualified mortgage market, from Varde Partners.

While single-family construction authorizations rose for the first time on a monthly basis in 2019, they trailed three-month and annual comparisons, signs of a continuing market slump, according to BuildFax.

New-home construction fell in May after an April reading that was stronger than initially reported, signaling stabilization in the market amid lower borrowing costs.

The Rapid City Council will consider whether to approve what officials believe is the largest residential subdivision that the city has seen in decades.

Democratic presidential candidate Julian Castro called for a sharp rise in federal spending on housing for millions of Americans who are living on the street or struggling to pay rent.

In her first four and a half months, Kathy Kraninger met with lawmakers more than twice as often as her predecessor, but her schedule demonstrates willingness to meet with industry and policy stakeholders from various camps.