Economy

The silver lining of the market crash was a unique opportunity for non-legislative reform that would not have otherwise come to bear.

The share of owner-occupant single-family home and condo buyers fell to a new low, according to RealtyTrac.

Although mortgage servicers technically work for the investors that pay them, the state of the business today requires that they make consumers front-and-center in their operations.

March featured the largest monthly decline in the mortgage delinquency rate in nine years, according to Black Knight Financial Services.

Two House Financial Services Committee members introduced a bipartisan bill late last week that is designed to give lenders breathing room when new disclosure rules go into effect on Aug. 1.

Wes Edens, a co-owner of the Milwaukee Bucks, has shot his share of air balls at his private-equity firm Fortress Investment Group. With mortgage assets, Edens has found his mark.

The Federal Housing Administration Single Family Housing Policy Handbook will now come into effect on Sept. 14, the Department of Housing and Urban Development announced Friday.

Continuing its strong performance from the previous quarter, LendingTree reported record revenue in both its mortgage and non-mortgage lead generation business for the first quarter.

Ocwen Financial's shares jumped 19% to more than $10 a share as of late morning Friday, the day after it reported a first-quarter profit and highlighted an expansion into mortgage lending.

Patricia Goldstein, the commercial real estate finance pioneer, veteran workout banker and mentor of many of today's top female executives, died Thursday in Highland Beach, Fla. She was 69.

The SAFE Transitional License Act would allow registered lending officers to work at independent mortgage banks for 120 days while they complete state testing and licensing requirements.

Prospective homebuyers may be confident about what it takes to buy a home, but a recent survey indicates most struggle with basic concepts of the mortgage process.

Ocwen Financial and Assurant have reached an agreement to settle charges that the embattled mortgage servicer profited from kickbacks on force-placed insurance policies with struggling homeowners.

Fannie Mae and Freddie Mac could require an additional bailout of as much as $157.3 billion in a deep recession, according to the results of stress tests released by the regulator for the U.S.-owned companies.

Mortgage interest rates rose during the week thanks to increases in home values and sales as well as slower-than-expected economic growth, Freddie Mac said.

Though home prices have started to rise, new home construction has remained low as builders have struggled to gain momentum due to shortages of materials, developed lots and skilled labor.

Housing and the mortgage industry are every bit as important to the U.S. as the national transportation or healthcare systems.

As more millennials enter the housing market, mortgage bankers continue to stress improved technology as a needed element in efforts to win these consumers, according to a member survey by Lenders One Mortgage Cooperative.

Freddie Mac plans to auction off $233 million of nonperforming loans, the government-sponsored enterprise announced.

A House subcommittee approved a bill Wednesday that would redirect money from an affordable housing fund that receives money from Fannie Mae and Freddie Mac into another program run by HUD.