Economy

Williston Financial Group has formed a subsidiary to focus on providing technological improvements to mortgage and real estate transactions.

With an interest rate increase by the Federal Reserve Bank increasingly looking imminent, what else has to happen to set the stage for a return to adjustment-rate mortgages?

Quicken Loans will be the primary sponsor for Kasey Kahne of Hendrick Motorsports for three races during the 2016 NASCAR season.

Kal Raman has resigned as president and chief executive of Xome, the digital platform of the nonbank mortgage servicer Nationstar Mortgage Holdings.

Home prices rose slightly in September, posting year-over-year growth of 5.5%, according to Black Knight Financial Services.

Anticipation of rising interest rates has stirred more talk among mortgage lenders about the need to originate loans to borrowers with low credit scores.

As affordability worsens near city centers, first-time homebuyers will move to the suburbs in greater numbers, according to 2016 predictions from Zillow.

Though regulation-mandated technology upgrades give vendors little time to rest, the growing acceptance of data standardization should appeal to both lenders and regulators.

Contract signings to purchase previously owned homes rose less than forecast in October after declining in the prior two months, showing residential real estate is cooling heading into the quieter selling season.

Jeff Patmont got his home loan on his phone. The 30-year-old marketing manager for a medical-device company said he did almost everything electronically for the mortgage on his home in the San Francisco Bay Area.

Freddie Mac's Multi-Indicator Market Index is pursuing its slow climb, but still shows housing recovering unevenly across the nation.

A plan by the government-sponsored enterprises to begin collecting the new Closing Disclosure data is designed to promote Fannie Mae and Freddie Mac's loan quality goals. But the initiative may also prompt broader use of e-signatures and paperless processing.

Mortgage rates remained steady during the week ending Nov. 25, according to Freddie Mac's Primary Mortgage Market Survey.

Commercial mortgages bundled into securities will keep seeing their underwriting standards deteriorate from this year into 2016, said JPMorgan analysts in a report Wednesday.

The percentage of mortgage applications with defects declined in October, according to First American Financial Corp.

Purchases of new homes rebounded in October from a 14-month low and order backlogs reached an eight-year high, indicating a pickup in residential construction.

A recent CFPB action against a payday lender demonstrates why lenders across industries must disclose both the best and worst case repayment scenarios to consumers.

The Federal Housing Finance Agency said Wednesday that conforming loan limits for mortgages purchased by Fannie Mae and Freddie Mac will remain at existing levels except in 39 high-cost counties.

Morgan Stanley is readying a deal backed by 57 commercial mortgages.

Mortgage applications fell 3.2% on a seasonally adjusted basis for the week ending Nov. 20 compared to one week earlier, according to the Mortgage Bankers Association.