Economy

The price of the loans underlying commercial mortgage-backed securities declined 210 basis points during 2015, amid a broad rise in interest rates, according to DebtX.

The Consumer Financial Protection Bureau's indirect response to Quicken Loans' Super Bowl 50 commercial implicitly warns consumers to be wary of technology, which points to a bigger problem: does the CFPB even know what it wants from the mortgage industry?

Funding needed to construct houses is fairly plentiful, but homebuilders are still having trouble lining up financing to purchase and develop land. As a result, buildable lots are in short supply — and far more expensive.

The San Francisco Bay Area housing market has seen values that have risen to unsustainable levels, according to Fitch Ratings.

The Fannie Mae Home Purchase Sentiment Index fell 1.7 points to 81.5 in January, reflecting the effects of decreasing housing affordability.

The nonbank mortgage sector ended 2015 with 12,300 more full-time employees than in December 2014.

Hotel property owners will discover that interest rates have climbed, if they try to refinance loans this year, Fitch Ratings said.

Mortgage credit availability decreased in January, on a decline in some Federal Housing Administration and conventional offerings, according to the Mortgage Bankers Association.

Genworth's U.S. mortgage insurance business earned $179 million in 2015, but the parent company lost $615 million as it still has problems with its long-term care insurance product.

Mortgage lenders are ramping up marketing and point-of-sale processes, in order to prepare for an environment in which home sales are expected to cool down, according to a new report by Stratmor Group.

Housing policy focused on government guarantees and the 30-year mortgage hasn't done much to help low- and middle-income homeowners build wealth.

Computershare has agreed to acquire Capital Markets Cooperative for $71.2 million.

A number of bankers used quarterly earnings calls to assure investors that they are carefully monitoring their exposure to commercial real estate at a time when regulators are expressed concern about eroding underwriting standards.

Financial companies from Quicken Loans to SoFi will be advertising in Sunday's game — a rare sight in recent years — despite the estimate $5 million price tag.

Buying remained better than renting in certain situations, but members of the millennial generation continued to have reasons to rent instead of buy, according to Zillow.

Arbor Commercial Mortgage has created an online loan-origination service for multifamily lenders.

Mortgage rates for 30-year loans fell to the lowest level since late April, reducing borrowing costs as the housing market enters its key selling season.

The month of November could be foreshadowing of the prediction made by Weiss Analytics that fewer homes would gain in value this year.

More than 1 million homebuyers qualified for a mortgage in the third quarter, the first time since the financial crisis that lenders reached such a threshold, according to research by the Urban Institute.

The House approved a bill 427-0 that would revamp the Federal Housing Administration’s condominium loan program and expedite the approval process for Rural Housing Service guaranteed loans.