Economy

There is concern that a decline in condo pricing could create loan problems similar to those that cropped up before the financial crisis. Bankers in the area, however, believe foreign investors would take the biggest hit.

National Mortgage News readers share their views on the most pressing mortgage and housing topics of the month. Comments are excerpted from reader response sections of NationalMortgageNews.com articles and our social media platforms.

The cost of capital and regulatory compliance has convinced the top four banks that making home loans to American families is not worth the risk.

Confidence among homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015.

The Chicago, Des Moines and Cincinnati FHLBs have grown their life insurance company membership the most in recent years.

Low borrowing costs and rising home values are just two of several reasons why owning a home is far less burdensome than it was a decade ago.

Investors continue to demand additional yield for exposure to defaults on loans insured by the Fannie Mae.

Fannie and Freddie have been selling pools of delinquent mortgages at auction to the highest bidders. Community groups say the Federal Housing Finance Agency should be giving preferential treatment to nonprofits and community development financial institutions.

American International Group is expanding bets on property lending and safe fixed-income securities after hedge funds investments soured.

Despite the outcry prompted by lenders' commercials during Super Bowl 50, customer satisfaction surveys indicate borrowers are more than ready for the ease and convenience of digital options.

Flagstar Bancorp in Troy, Mich., has launched a national homebuilder lending platform.

Atlantic City, N.J., has the fifth worst vacancy rate in the U.S, according to RealtyTrac.

The Federal Housing Administration will continue to charge borrowers an annual premium over the entire life of the loan, rejecting calls from some housing advocates to change how it’s calculated.

Fannie Mae has released the list of winners from its fourth nonperforming loan sale, which included a Goldman Sachs subsidiary.

The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.

Fifth Third Bancorp in Cincinnati said Thursday that it will spend $27.5 billion over the next five years to provide loans and other financial services to underserved communities in its region.

Mortgage applications for new home purchases increased 14% on an unadjusted basis from the month before, according to data from the Mortgage Bankers Association's Builder Application Survey.

Bank of Botetourt in Buchanan, Va., said Thursday it has opened a mortgage division to pursue unmet demand for home loans in southwestern Virginia.

Mortgage rates fell for the sixth straight week as market volatility continued, according to the Freddie Mac Primary Mortgage Market Survey.

Blackstone portfolio company Incenter has agreed to purchase Interactive Mortgage Advisers.