Economy

We're counting down this year's Top Producers. Check out which loan officers made the cut in the latest segment of the list!

The drought out West isn't just evident in parched front lawns. It's also starting to infiltrate housing data.

Beginning home construction rose less than forecast in March, indicating builders were slow to take advantage of favorable weather and underscoring a temperate housing recovery.

The House approved eight regulatory relief bills Tuesday evening, including two controversial measures opposed by a number of Democratic lawmakers and the White House.

We're counting down this year's Top Producers. Check out which loan officers made the cut in the latest segment of the list!

ON's 16th annual mortgage rankings show how the country's best loan officers made the most out of a tumultuous year for originators.

The Consumer Financial Protection Bureau issued a final interpretive rule Wednesday that clarifies its housing counseling requirements with respect to high-cost loans.

Bank of America had mortgage banking income of $694 million, up from $412 million one year prior, as it originated $14 million of first mortgages in the first quarter.

Mortgage loan application volume dropped 2.3% on a seasonally adjusted basis for the week ended April 10 versus the previous week, the Mortgage Bankers Association said.

Home values dipped slightly month-to-month in March, though they remained up from their 2014 levels, according to Quicken Loans.

Confidence among homebuilders rose in April for the first time in five months as prospective buyers returned to the market and sales climbed.

Richard Syron, the former chief executive officer of Freddie Mac, settled a Securities and Exchange Commission lawsuit claiming officials understated hundreds of billions of dollars in subprime loans held by the firm and Fannie Mae.

NMN's 9th Annual Mortgage Servicing Conference is coming up. Here are some of the can't-miss sessions and speakers on the agenda.

Wells Fargo & Co. and JPMorgan Chase & Co. posted their largest mortgage-lending gains in more than a year as the recovery in the market gains momentum.

Altisource Portfolio Solutions has raised the curtain on Residential Investor One, a new cooperative aimed at providing savings and services for real estate investors.

Zillow Group Inc. dropped after giving a 2015 revenue forecast that fell short, blaming delays in regulatory approval for its purchase of rival real estate website Trulia Inc.

More banks are buying mortgage servicing rights now, reversing a post-crisis shift that saw nonbanks dominate the MSR purchasing landscape, according to Fitch Ratings.

Sound Financial Bancorp in Seattle has selected a former Fannie Mae executive to join its board.

Wells Fargo posted profit that beat analysts' estimates as lower interest rates spurred more borrowers to purchase homes or refinance debt.

Builders FirstSource rose the most on record after saying it agreed to buy competitor ProBuild Holdings in a deal valued at $1.63 billion.