Economy

Home price gains across the country are reducing the positive benefits homeowners will feel from low rates, according to Black Knight Financial Services.

With consumers generally averse to risk, financial institutions have an opportunity to rethink what it means to make bets in line with their customers' well-being.

A healthy housing market is expected to buoy purchase mortgage volumes this year, while rising rates will put a damper on refinancing, according to a report from rating agency DBRS.

Warren Buffett's Berkshire Hathaway expanded its bet on residential real estate as his company's Clayton unit acquired Goodall Homes.

Freddie Mac is marketing its 20th offering of Structured Agency Credit Risk notes offloading exposure to defaults on residential mortgages that it insures.

The House passed a bill Thursday that would authorize state insurance commissioners to approve flood insurance policies for Fannie Mae, Freddie Mac and other federally backed mortgages.

For banks looking to enter or expand their mortgage servicing rights business, there is a pressing question: Are the best years for MSRs behind us or do current market conditions offer a favorable risk/reward opportunity?

Arch Capital had a 77% increase in the mortgage insurance segment's operating income, and its U.S. unit saw its new insurance written increase by 34%.

The nation's housing markets may be finally getting over the foreclosure crisis, but for many Americans the anger hasn't subsided.

Mortgage rates hitched a ride with rising Treasury yields this week, according to Freddie Mac.

Ocwen Financial Corp. has fulfilled its consumer relief obligation under the National Mortgage Settlement ahead of schedule. But that doesn’t mean it’s in the clear yet.

Cost improvements weren't enough to keep Ocwen Financial Corp. out of the red during the first quarter.

The Federal Home Loan Bank of San Francisco has selected Greg Seibly to be its new president and chief executive starting May 12. He will take over from Dean Schultz who is retiring after 25 years at the helm of the bank.

EverBank Financial’s first-quarter profits more than doubled from the same period last year as strong loan growth more than offset a sharp drop in income from servicing mortgages.

Indianapolis is the best market for first-time homebuyers right now, according to research released Tuesday by Zillow.

Though parts of the country are still struggling to return to benchmark levels, many of the housing markets across the U.S. showed signs of improvement in February, according to Freddie Mac.

NMI Holdings lost $2.5 million in the first quarter, an improvement over a first-quarter 2015 loss of $7.8 million, which is a sign the private mortgage insurer remains on track to become profitable later this year.

Clayton Holdings reported a $3.7 million pretax first-quarter loss, but Radian's mortgage insurance business had pretax income of $140 million, a 10% increase over the prior year.

An across-the-board increase in mortgage interest rates accompanied a decline in loan applications, according to the Mortgage Bankers Association.

More Americans than forecast signed contracts to purchase previously owned homes in March, an encouraging sign as the housing market was entering its busiest selling season of the year.