Economy

Consumer demand for housing has dropped to its lowest recorded level due to reduced confidence in financial security and income raises, a new survey from Fannie Mae says.

Fannie Mae plans to sell pools of nonperforming single-family mortgages.

After drastic payroll reductions in December, lenders appear to be preparing for a better spring.

The shift in market composition is fueling concerns that if defaults rise, the Federal Housing Administration would have a harder time making lenders eat the losses on poorly underwritten loans.

While arrangements to finance MSRs may represent the cheapest way to address liquidity, other avenues of adding cash may be available and necessary.

Freddie Mac's next STACR offering will offer investors exposure to actual losses on residential mortgages, something the mortgage giant says investors have been asking for.

Managers need to position their team of loan originators to capitalize on getting the business that's out there right now.

The mortgage and title industries are creating training programs to teach those in the home sales process this is not just a swapping out of two forms for new ones.

The plan by the Federal Home Loan Bank of Topeka is intended to reduce the bank's mortgage concentration risk while also providing members with a new investment opportunity.

The chance to earn higher compensation and the ability to offer more mortgage products is causing a growing number of loan officers to go out on their own.

Solar panels are popping up on houses everywhere. How do they impact mortgage financing?

Mortgage rates largely stayed put amidst mixed housing data as the March jobs report looms.

Home prices notched up slightly in January as housing markets in certain parts of the country continued to see impressive gains, according to Black Knight Financial Services.

Pacific Investment Management Co. accused American International Group Inc. of misleading investors about "colossal" losing bets on unregulated credit-default swaps and subprime debt before the 2008 financial crisis.

Creating a partnership with referral sources by being dependable, honest and knowledgeable will turn a floundering business into a success.

Ahead of the August deadline for lenders to provide new Loan Estimate and Closing Disclosure forms, the Consumer Financial Protection Bureau unveiled a new mortgage shopping toolkit Tuesday.

Forcing lenders to fund upgrades for HUD through the proposed administrative fee would set a dangerous precedent, essentially taxing the very borrowers they are intending to serve.

Clayton Holdings has acquired technology valuation provider Red Bell Real Estate and its sister company, Main Street Valuations.

Home equity lines of credit originations have increased 21.5% in 2014 from a year earlier, according to Equifax's National Consumer Credit Trends Report.

Independent mortgage banks and mortgage subsidiaries of banks saw their production profits rise in the fourth quarter compared to a year earlier, according to the Mortgage Bankers Association.