Economy

Freddie Mac has expanded the amount of ongoing loan-level data it discloses about mortgages it insures in an effort to boost appetite for reinsurance.

The market for U.S. mortgage securities without government backing, virtually frozen since the financial crisis that it helped trigger, may get a boost from some of the biggest bond funds on Wall Street.

Home prices rose 6.9% in January compared to a year ago, according to CoreLogic.

Ocwen Financial Corp. and Walter Investment Management Corp. both recorded full-year losses in 2015, though that is where comparisons between the two companies cease.

Radian Guaranty is filing a new rate structure, lowering its premiums for higher-quality borrowers and raising them for those with lower credit scores.

Redwood Trust is "repositioning" its mortgage business by focusing mainly on jumbo loans, according to its top executives.

Contracts to purchase previously owned homes unexpectedly dropped in January by the most in two years, representing a setback in residential real estate leading up to the spring selling season.

Home prices rose 5.5% in December 2015 compared to the previous year, according to Black Knight Financial Services.

After imposing a virtual moratorium on adding new issuers, Ginnie Mae is again accepting applications from mortgage companies seeking to pool loans for securitization and servicing.

Fannie Mae touted its financial support to the small multifamily loan market last year, saying it provided $1.6 billion in financing to the sector.

Nationstar Mortgage Holdings swung to a profit in the fourth quarter, compared to the previous quarter, on higher revenue from servicing.

CoreLogic more-than-doubled its profit in the fourth quarter, as the benefits from an acquisition helped offset higher expenses.

Citing rising cost and time constraints, PHH Corp. will stop internally building its retail originations business and instead focus on acquisitions and its joint venture with Realogy Corp., PHH Home Loans.

Understanding how consumers pay their debts over time is expected to widen access to credit for consumers recovering from financial problems or who were hard to score before. Just how many it will benefit is an open debate.

Interest rates on fixed-rate mortgages fell this week, according to Freddie Mac, after a small rally in the previous two weeks.

Amid growing scrutiny of how the hand-off of mortgages is managed after loan closings and bulk sales, servicers are working to automate the entire process to create a consistent and accurate onboarding experience for borrowers.

Fannie Mae has sold a pool of about $13.2 million of nonperforming loans to New Jersey Community Capital.

Rising home prices in hot housing markets are robbing buyers of a favorite pleasure: looking at pictures of homes they can't afford.

Home prices rose 5.8% in the fourth quarter from a year earlier as buyers competed for a tight supply of listings.

An increased level of home-purchase mortgage applications led to continued improvement in the U.S. housing market in December, according to Freddie Mac.