Economy

The U.S. homeownership rate fell to the lowest level in more than two decades, extending a multiyear decline as rising prices and stagnant wages keep young families out of the property-buying market.

Waterstone Financial saw higher quarterly profits thanks to a 352% increase in its mortgage banking segment.

With the countdown of the 2015 Top Producers rankings now complete, check out the entire list of this year's best loan officers and brokers.

Home prices in 20 U.S. cities climbed at a faster pace than forecast in the year ended February, a sign the housing industry may be gaining momentum amid low borrowing costs and continued job growth.

With low rates tempting more home owners to refinance and relaxed down payment requirements spurring more home sales, bankers are more optimistic about mortgage lending than they have been in some time.

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

When insensitive consumer policies are implemented the result can be a costly compliance violation.

The Federal Housing Finance Agency's warning that so called super-priority liens on houses do not come before Freddie Mac's bodes well for investors in the mortgage giant's latest risk-sharing transaction, according to Moody's Investors Service.

Home prices have risen 4.6% over the last year, according to new data from Black Knight Financial Services, and experienced the largest monthly climb in prices since June 2014.

D.R. Horton Inc. agreed to buy the homebuilding operations of Seattle-based Pacific Ridge Homes for about $72 million in cash to expand in the U.S. Northwest.

Freddie Mac has planned its first Extended Timeline Pool Offering, the government-sponsored entity announced this week.

D.R. Horton finds success in selling starter homes and looks to expand its Express Homes into more of its communities.

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

Low interest rates may be pressuring margins, but they provided a lift to community banks that sell mortgage originations. Bankers are now debating how long the current refi boom will last.

The Department of Housing and Urban Development will revise its auctions of nonperforming mortgages to address concerns that the sales aren't doing enough to help homeowners in communities hurt by foreclosures.

In another escalation of Quicken Loans' ongoing clash with the government, the Department of Justice on Thursday filed a lawsuit alleging shoddy underwriting by the company.

The Federal Housing Finance Agency is sticking to its schedule and moving quickly to finalize proposed financial requirements for nonbank firms that service Fannie Mae and Freddie Mac loans.

Private-equity funds and hedge fund players have become more active buyers of mortgage-servicing rights as traditional investors withdraw from the market.

Some consumers wish they had jumped into the housing market when rates were even lower, but they are only going to go up from where there now, the chief economist of Redfin said.

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