Subject Root Tag

The changes will help servicers expedite submission of necessary forms needed in credit reporting disputes.

The state, with the support of its Realtors, will be mandating that real estate salespeople have a contract with the home seekers they are representing.

Purchase activity trudged along during what lenders describe as a traditional end-of-summer slump.

Servicers have been concerned about prepayments and delinquencies picking up in a lower rate environment, and both have been notably higher in the short term.

After the bank's 2014 spinoff from Royal Bank of Scotland, its executives worked to shore up weaknesses. Now they're concentrating on how to close the gap with regional banking peers.

James B. Nutter & Co., after its legal victory over the Justice Department in July, agreed to a $2.4 million False Claims Act settlement over poorly underwritten reverse mortgages.

There's been a marked change in trading volume over the past four years at that time as well as a drop in transaction costs that coincide with the growth of passive funds that track index changes.

While real estate agents have softened their opinions on the National Association of Realtors commission settlement, almost two-thirds remained opposed, a Clever RE survey found.

The $17 billion-asset Suffolk-based company is convinced paying $120 million for an in-state rival is a more productive use of capital than share buybacks

Sen. Edward Markey warns that biased AI algorithms are making decisions that deny mortgages to Black people. 

Awareness of disaster risk has increased in the public and private sectors, and it appears to be prompting more interest in home improvements in particular.

A letter from several U.S. senators asked Director Sandra Thompson to follow the lead of her counterparts at other government-housing departments with similar rules already in place.

Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended consequences. She flagged mergers, fintech partnerships and liquidity proposals as prime examples.

While consumers still see a low chance of a recession in the next year, there was a "slight uptick" in the share that believes the economy is already in a downturn.

After cutting rates 50 basis points in September, the Federal Open Market Committee meets after Election Day to determine monetary policy. Gary Pzegeo, head of fixed income at CIBC Private Wealth U.S., provides his take on the latest move.

Home-price gains in the U.S. slowed in July as still-high mortgage rates kept would-be buyers on the sidelines while inventory piled up.

After persisting for as long as two years in the U.S., the so-called inversion in yield curves — an unusual situation where rates on short-term debt exceed those of their longer-term counterparts — is unwinding in many parts of the world. 

Residential markets are set to gain momentum again with prices rising over the next few quarters as rising rents in cities support demand, according to Holzhey. 

The Dallas-based nonbank lender has toned down its mortgage servicing rights activity amid numerous legal battles over alleged violations, but stands to gain much with $1.4 billion Flagstar deal.

Originators are wary of fading rates heating up home prices and reducing inventory for prospective buyers.