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Texas Capital Bank, which already provides warehouse financing for e-mortgages, will now purchase these loans off those lines as it looks to increase liquidity for this product.
December 12 -
Mortgage lenders are more pessimistic than ever about the industry's profit margin outlook, with many blaming tight competition for the negative attitudes, according to Fannie Mae.
December 12 -
The White House confirmed that it plans to nominate Mark Calabria as the next director of the Federal Housing Finance Agency.
December 12 -
An agency report said servicing portfolios have shrunk by nearly half in 10 years as much of the mortgage market has shifted to nonbanks.
December 12 -
The median sale price for a home in the Baltimore region ticked up in November from October, reversing a three-month slide in prices.
December 12 -
Canadian housing starts rose faster than economists forecast in November led by gains in Vancouver, adding to evidence the country's real estate market remains stable.
December 11 -
The Sacramento home sales market is going into winter hibernation, new data suggest, amid uncertainty over whether that market will reawaken with vigor in spring, or continue the doldrums of recent months.
December 11 -
Fannie Mae and Freddie Mac charged lenders slightly lower guarantee fees in 2017 for mortgages with riskier characteristics, according to a Federal Housing Finance Agency report.
December 10 -
The administration’s reported interest in having the White House aide run Fannie Mae and Freddie Mac's regulator signals a focus on constraining the mortgage giants’ role in the housing market.
December 10 -
The government-sponsored enterprises are suspending eviction lockouts for the holiday season.
December 10 -
The median sales price for an existing single-family home in the Las Vegas area in November was $295,000, according to a report from the Greater Las Vegas Association of Realtors.
December 10 -
The nation is suffering from a housing affordability crisis and lower construction costs and increased government subsidies can ease the pain, consumers state in a National Association of Home Builders survey.
December 7 -
Casper's Parkway Plaza hotel has a new owner as GreenLake Real Estate Fund bid $15.5 million at a foreclosure sale to purchase the property.
December 7 -
The number of workers employed by non-depository mortgage companies experienced a typical seasonal drop month-to-month, but employment remained higher than a year ago due to the persistence of competitive hiring practices.
December 7 -
After more than three years of a strong seller's market, Staten Island's residential real estate is now favoring homebuyers, Realtors say.
December 7 -
From flocking to Florida to abandoning Alaska, here’s a look at some key 2018 homebuyer migration patterns.
December 6 -
House flipping fell for the third consecutive quarter, following a pattern seen the last time mortgage rates spiked, according to Attom Data Solutions.
December 6 -
The CFPB ordered Village Capital & Investment in Henderson, Nev., to issue refunds and pay a penalty for allegedly misrepresenting the cost savings in a refi product.
December 6 -
The gap between supply and demand in the housing market is contributing to affordability constraints that are likely to limit homeownership long-term, according to Freddie Mac.
December 6 -
Mortgage credit available to consumers increased in November by 1.1% from the previous month as lenders offered more conventional products with expanded underwriting criteria, the Mortgage Bankers Association said.
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