Economy

Millennial borrowers display a more prodigal and unconventional attitude to borrowing than their elders, a loanDepot survey suggests.

Mortgage credit availability increased in September on offerings of Freddie Mac's affordable lending programs, according to the Mortgage Bankers Association.

Real estate broker Warren Teller watched as the housing market in Richmond, Va., slowed dramatically eight years ago. Today, he's witnessing a reversal.

An initiative underway at Freddie Mac seeks to integrate new and existing technology to create a comprehensive suite of quality control tools designed to help lenders manage their mortgage repurchase risks.

If we can't identify adequate capital to bear mortgage credit losses when they are incurred, aren't we setting ourselves up for another series of bailouts in the next housing downturn?

Employment at nonbank mortgage banking and brokerage firms was steady in August, ending a six-month run of job gains.

Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis.

Reven Housing REIT in La Jolla, Calif., plans to raise about $29 million through a direct public offering.

Thirty-year fixed-rate mortgages averaged 3.85% during the week ending Oct. 1 — merely a one-basis-point decrease from last week.

The long-delayed approval of the merger of M&T and Hudson City should have been a bright spot in postcrisis M&A, but a small footnote from the Fed quickly reminded bankers that dealmaking will remain a demanding process.

American Finance Trust, a commercial mortgage real estate investment trust, plans to securitize a $649.5 million loan that is secured by 268 single-tenant properties, according to Standard & Poor's.

The Federal Housing Finance Agency is planning to issue a final rule in the next 12 months to require Fannie Mae and Freddie Mac to better serve underserved markets, including manufactured housing, the agency said Thursday.

In a quarter that saw a rout in global stocks, commodities and major currencies, at least one investment stayed hot: Manhattan apartments.

Loans that underlie commercial mortgage-backed securities fell in price from July to August, according to DebtX.

The rate of mortgage applications dropped 6.7% in the week ending Sept. 25, according to the Mortgage Bankers Association.

With the implementation date for the TILA-RESPA Integrated Disclosures just days away, here's a look at some of the finishing touches the mortgage industry is making to its technology and training preparations.

The Asian Real Estate Association of America has launched a two-year partnership with Radian Group's mortgage insurance unit.

A bipartisan group of housing experts is seeking to inject more discussion about the mortgage market into presidential campaigns.

Existing-home sales are predicted to increase this month after an unexpected August drop, according to Auction.com's latest Real Estate Nowcast.

The key to housing finance reform is a new securitization model that allows the private sector to price and absorb the majority of housing credit risk.