Economy

JPMorgan Chase is known to eschew selling conforming mortgage loans to Fannie Mae and Freddie Mac, preferring to securitize them in the private-label market.

The denial rate traditionally used by the mortgage industry is hiding the fact that fewer borrowers with lower credit are applying for loans, according to the Urban Institute.

Nonbank mortgage company Cornerstone Home Lending has launched a new mortgage company as a joint venture with homebuilder Oakwood Homes.

While lenders support the intent of a proposal to encourage the growth of private flood insurance, they claim a regulatory proposal doesn't give lenders enough flexibility and remains too complicated.

Quicken Loans has named a new CEO to replace Bill Emerson, who is transitioning to a role with the Detroit lender's parent company, Rock Holdings.

The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.

Federal Reserve Bank of St. Louis President James Bullard said the central bank ought not rush to raising interest rates next month because uncertainty over the fiscal policies of the Trump administration clouds the U.S. economic outlook.

There were 89 markets that had the all-time high in median sales price last year with these 10 posting the biggest percentage gain over 2015.

Home price gains accelerated in the fourth quarter, with increases reported in 89% of metropolitan areas, as competition heated up for a record-low supply of listings, the National Association of Realtors said.

Uncertainty about the economy caused mortgage interest rates to stay within a 2-basis-point range for the third straight week, according to Freddie Mac.

Analysts at Deutsche Bank, one of the biggest underwriters of bonds tied to U.S. commercial real estate, say now it's time to short indexes of the securities.

The Urban Institute's Housing Finance Policy Center has created a new initiative aimed at addressing skyrocketing mortgage servicing costs.

A greater share of millennial women leveraged Federal Housing Administration loans than millennial men, Ellie Mae found in its latest Millennial Tracker report.

Corporate borrowers aren't ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.

Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road."

Home prices ended 2016 with yet another year-over-year uptick, according to CoreLogic.

The Fannie Mae Home Purchase Sentiment Index rose two percentage points to 82.7 in January, reflecting the more positive consumer outlook following November's presidential election.

A homeowner's equity position is one of the many factors that drive property transitions between owner-occupied and rental status, according to a study from the Mortgage Bankers Association's Research Institute for Housing America.

Renovate America, one of the largest providers of Property Assessed Clean Energy loans, is expanding into unsecured lending.

Ellie Mae has launched a new version of its Encompass mortgage management product, which features expanded support for construction loans and streamlined integrations with Fannie Mae and Freddie Mac.