Economy

The mortgage lender Nationstar Mortgage Holdings is pouring a lot of energy into a digital and mobile homebuying platform called Xome. The strategy could attract tech-savvy millennials but carries plenty of risks including whether consumers would be improperly steered to its products.

Stewart Title Guaranty has agreed to offer a voluntary Deloitte & Touche compliance service to its independent title and settlement agents.

Most Americans still believe the country remains in a housing crisis, according to a new study from the MacArthur Foundation.

Renting a home is a better way to accumulate wealth than buying a home in many U.S. cities, according to the latest Buy vs. Rent report.

Fannie and Freddie should offer upfront risk-sharing options in order to give lenders an opportunity to lower their guarantee fees while encouraging more private capital and competition to flow into the secondary mortgage market.

The details of the final Des-Moines-Seattle Home Loan Bank deal made it clear why this merger worked when past attempts had not and gave clues as to whether other institutions could one day follow suit. Following are three items that jumped out.

Hovnanian Enterprises fell the most since 2011 after Chief Executive Officer Ara Hovnanian said he was disappointed following a widening in the company's quarterly loss and drop in its profit margin.

The gap between how much homeowners think their home is worth compared to appraisers' values has grown wider, according to a Quicken Loans report.

The New York City Housing Development Corp. board approved a $680 million inaugural sustainable neighborhood bond transaction, expected to price next week.

Cerberus Capital Management is buying about 4,200 U.S. houses, expanding its foray into home rentals in the industry's largest bulk purchase.

Community Investment Corp. has raised $200 million from about three dozen banks to acquire and rehabilitate thousands of affordable rental-housing units in the Chicago area.

Small banks and nonbank lenders are originating commercial mortgages with lower credit quality than the loans originated by large banks, according to a Fitch Ratings report.

The nationwide gain in income has fed Americans' optimism about housing, which could lead to a more active housing market this year, Fannie Mae said in a new report.

Millennials have been priced out of some of the biggest U.S. cities, with residential real estate prices rising even as wage growth remains elusive.

How interested banks, REITs and other investors will be in replacing the Federal Reserve as buyers of mortgage-backed securities insured by government-related entities depends on a wide range of regulatory and economic factors.

The title insurance industry in the United States looked a whole lot better in 2014, according to a recent study by Fitch Ratings.

Guarantee Mortgage Corp. has agreed to pay a $228,000 fine to the Consumer Financial Protection Bureau on allegations that it violated rules dealing with loan originator compensation.

Ocwen Financial's shares had fallen nearly 7% Friday afternoon, to under $10 apiece, a day after Standard & Poor's Ratings Services put the company's servicer ratings on CreditWatch negative.

Lenders keep hiring as outlook for home sales and originations remains uncertain.

Mortgage credit availability rose less than 1% in May, according to data released Thursday by the Mortgage Bankers Association.