Economy

purchase lending, loan production, Wells Fargo, home lender

Mortgage applications fell 1.9% for the week ending July 10, compared to a week earlier, according to the Mortgage Bankers Association's weekly survey.

Fannie Mae completed its second credit risk sharing transaction as part of its efforts to diversify counterparty exposure and reduce taxpayer risk.

Jumbo mortgage lending is the prime driver of the increase in JPMorgan Chase's loan portfolio.

RealtyMogul.com, a Los Angeles-based marketplace lending platform, announced a new $35 million round in venture capital funding Tuesday.

More government-sponsored enterprise risk-sharing transactions are on the way to join those already issued this year by Freddie Mac, Fitch Ratings said in a report issued Monday.

Loans backing commercial mortgage-backed securities saw a slight uptick in delinquencies last month, Fitch Ratings reported.

Struggling to win business in the age of QM, Impac Mortgage has relaxed underwriting requirements in hopes of attracting borrowers many other lenders won't touch.

Arbor Commercial Mortgage has been selected by Fannie Mae as a lender for its program for multifamily housing for seniors.

Fannie Mae has introduced a smartphone application designed to help potential homeowners learn how to save for their first purchase.

Companies that emphasize a diverse and inclusive workforce not only create a better work environment for employees, they also perform better financially. Here are eight ways that mortgage companies can establish and maintain a priority on diversity.

Some housing professionals have grown reluctant to participate in the Federal Home Loan Banks' Affordable Housing Program, objecting to burdensome requirements and rules that are inconsistent with other funding sources. It's time for the Federal Housing Finance Agency to make some updates.

According to a new analysis by analytics firm RealtyTrac found that it was still cheaper to buy a house than rent one during the first five months of 2015.

Freddie Mac has obtained two more reinsurance policies transferring risk of default on mortgages that it insures.

Commercial real estate lending and mortgages are banks' main source of hope to beat lukewarm expectations for the earnings season that begins Tuesday.

A new report from Veros Real Estate Solutions projects that homes in a higher percentage of markets will increase in value over the next year compared to the previous quarter.

Zillow Group Inc. fell to its lowest point in more than a year, after the real estate listings website said Chief Financial Officer Chad Cohen is stepping down.

In a real estate development that has a tinge of symbolism tied to the recent past, the Washington Post's downtown D.C. location will be torn down to make room for Fannie Mae's new consolidated headquarters.

One of the bond market's hottest trades from last year is losing its luster.

The mortgage market continues to inch back towards health as according to analytics firm CoreLogic, home prices grew 6.3% year-over-year during May compared with the same month last year.