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Meanwhile, property values across the U.S. have increased for 40 quarters in a row, according to the Federal Housing Finance Agency.

The S&P CoreLogic Case-Shiller index of property values nationwide surged 18.6% in June from a year earlier, according to a statement on Tuesday.

Distressed homeowners who first took advantage of deferrals in March of last year will either start repayment or look for new solutions in September.

None of the leading areas ranked by investor share of sales were in the Golden State during 2020, in contrast to the state’s dominance on the list in the wake of the Great Recession.

However, with mortgage rates down and household income increasing, consumers have 129% more buying power today than they did 16 years ago, according to First American.

The Houston company has agreed to pay a $3 million penalty, provide $4 million in loan subsidies to new borrowers and make other investments aimed at improving home buying opportunities for Black and Hispanic households.

Lenders and servicers must ask three essential questions of their technology provider in order to better understand how they operate, writes the director of U.S. operations for Paradatec.

Payments from PayPal, Venmo and Zelle add an extra wrinkle when dealing with bank statement loans.

U.S. pending home sales unexpectedly declined for a second straight month in July as limited inventory and soaring prices deterred some prospective buyers.

Dave banking app originally created to do away with overdraft charges has taken the industry by storm. It's on a mission to advance financial opportunities for all Americans. Join Penny Crosman, Executive Editor of American Banker and Jason Wilk, CEO and Co-Founder of Dave as they talk about how this app is changing the way people manage their money and what’s in store for the future of one-stop-shops for finances.

Local mortgage lenders give their boots-on-the-ground perspectives about the ZIP codes with 2021’s shortest list-to-sale times, according to Realtor.com.

The end of many COVID relief plans in September have the industry holding its breath, with outcomes potentially foreshadowing the months to come.

Also, Gateless taps former Freddie Mac executive as COO and Nations Lending and Geneva Financial expand their networks.

The Federal Housing Finance Agency in the Trump administration had been preoccupied with Fannie Mae and Freddie Mac’s capital position. Acting Director Sandra Thompson has shifted the agency’s focus to affordable housing and fair lending.

Despite “color blind” underwriting algorithms, loan denial rates on mortgages that were not backed by the Federal Housing Administration and the VA skewed heavily toward minority groups, according to a study by The Markup.

Saying landlords were suffering “irreparable harm,” the conservative-controlled court ruled late Thursday that the U.S. Centers for Disease Control and Prevention lacked authority to impose the moratorium under the decades-old federal law the agency was invoking.

Increasing COVID-19 numbers offset promising economic figures, resulting in minimal changes.

As millennials and Gen Z position themselves to obtain 25 million new households by 2028, appealing to these tech-savvy generations should be a top priority for retail lenders, writes the director of technology alliances at Total Expert.

The deal appears to take advantage of a shift in federal rules reducing the level of non-owner-occupied loans Fannie Mae and Freddie Mac can purchase.

In addition to the incentive, Neat Capital in Colorado mandated that its employees get inoculated against COVID-19.