Economy

The homebuilder says his mortgage shop was ready for the new mortgage disclosures. No problems so far.

Home prices increased 0.3% from July and 5.5% year-over-year in August, putting them just below their precrisis peak, according to Black Knight Financial Services.

Quicken Loans CEO Bill Emerson's term as chairman of the MBA underscores how the consumer-direct mortgage channel has grown from a quirky novelty to the force leading a technology revolution.

Purchases of new homes slumped in September to a 10-month low, disrupting a trend of steady improvement this year in the industry.

Legislation would require GAO to study the impact the FHFA membership rule would have on the FHLB System and its members.

Housing markets across the U.S. continue to gradually improve, according to Freddie Mac.

Consumer demand for apartments continued to rise in the third quarter, according to the National Multifamily Housing Council.

Astoria Financial, a New York City-area thrift under pressure from activist investor Basswood Capital Management to boost the share price, is exploring a sale, according to people familiar with the matter. The stock climbed as much as 6.2%.

Lawmakers and industry groups are urging FHA to update condo rules to provide more homeownership opportunities for first-time buyers.

Mortgage rates fell this week as investors acted on Federal Reserve Gov. Daniel Tarullo's doubts on an interest rate increase occurring before the end of the year.

The CFPB’s expanded data requirements for the Home Mortgage Disclosure Act will create a powerful tool for analyzing fair lending compliance. But some say the initiative is a massive overreach that could compromise borrower privacy.

CoreLogic reported a sharp decline in third-quarter profit, on higher expenses and unfavorable currency translations.

A pair of title insurers expect to suffer from TRID implementation hangover in the fourth quarter as the slowdown in mortgage applications related to implementation will affect them as well.

Sales of previously owned homes rebounded in September to the second-highest level since February 2007.

Home prices rose in August as low borrowing costs and sustained job growth fueled demand amid a tight inventory of properties on the market.

The volume of loans closed in a Department of Housing and Urban Development program for seniors housing declined over the past 12 months.

The head of the Consumer Financial Protection Bureau warned software vendors that they face new scrutiny from regulators for causing mortgage lenders to miss the TRID-compliance deadline. He was vague about how far the CFPB might go, but many in the industry are prone to fear the worst.

An increasing number of renters are considering whether to purchase a home, according to a TD Bank survey.

Refinancings as a portion of the total origination market rose slightly from August to September, according to Ellie Mae.

Both forecasts call for growth in home purchase volume over the next few years, but the decline in refinance originations will be so steep that overall origination volume will decrease.