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Sale prices continued to inch higher in the Albany, N.Y., region and the number of houses sold continued to inch lower in April.
May 31 -
Mortgage industry hiring and new job appointments for the week ending May 31.
May 31 -
The industry continues to push for an overhaul of the bureau’s leadership structure, but both parties seem uninterested.
May 30 -
Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday.
May 30 -
In a presentation Thursday, co-COO Gordon Smith expanded on Jamie Dimon's recent comments about frustrations in the mortgage market, was upbeat about branch profitability and discussed some of the bank's Chase Pay challenges.
May 30 -
Expectations of economic growth paint a sunny picture for summer home buying with consumer confidence near an 18-year high, but borrowers' mixed view of their income prospects could compound affordability constraints.
May 30 -
Increased use of the digital mortgage process contributes to improved closing times, but falls short when it comes to borrower education, according to a TD Bank survey.
May 30 -
The Pittsburgh City Council has given preliminary approval to a plan for distributing $10 million in 2019 from an affordable housing fund.
May 30 -
As the bond market drives yields down because of the economic turmoil, mortgage rates moved in concert, dropping below 4% for the first time since January 2018, according to Freddie Mac.
May 30 -
Contract signings to purchase previously owned homes unexpectedly fell in April, adding to signs the housing market is struggling to regain momentum.
May 30 -
Chattanooga home prices rose only about half as fast as the country as a whole in the past year and were nearly 27.5% below the U.S. average the first quarter of 2019, according to the National Association of Realtors.
May 30 -
Many banks have already scaled back home lending or even left the business. With profit margins shrinking, inventories of homes at crisis levels and competition from nonbanks intensifying, that’s unlikely to change.
May 29 -
Mortgage prepayment speeds may rise with the strong U.S. rate rally, and that may be cause for alarm for mortgage investors.
May 29 -
BSI Financial agreed to pay a $200,000 fine along with restitution to settle allegations from the Consumer Financial Protection Bureau that it mishandled mortgage servicing rights transfers for loans in the loss-mitigation process.
May 29 -
Wells Fargo hired two seasoned veterans for their mortgage technology and data security expertise amid a digital era for financial industries.
May 29 -
Freddie Mac uncovered a growing number of fraudulent school records and work histories in California, where Fannie Mae also has noted increasing instances of falsified employment information.
May 29 -
With the starter home inventory shortage pressuring first-time homebuyers to act, four out of five millennial purchasers lament at least one aspect of their mortgage, according to Zillow.
May 29 -
The large number of overleveraged commercial mortgage-backed securities loans coming due in 2019 is likely to cause the payoff rate to drop an additional 9 percentage points by December, a Morningstar report said.
May 29 -
First-time homebuyers face growing competition from out-of-state investors and corporate landlords looking to capitalize on Boise's increasing rents.
May 29 -
The investment research firm plans to merge DBRS' ratings business with its existing Morningstar Credit Ratings Service.
May 29
























