Economy

For over a third of millennials, first comes home then comes marriage, according to a recent study.

Not as many pricey homes sold on Maui last month, which dinged the statistics for median prices in a report by the Realtors Association of Maui.

The number of new Orlando-area homes priced at $150,000 or less shrank to just 282 during the fourth quarter.

Multifamily MBS issuances by Fannie Mae in 2014 increased slightly from the year before, the government-sponsored enterprise said.

Emphasizing the good factors of TILA-RESPA is an important part of ensuring the project team is sending the right message throughout the company.

By being always available, an originator is acting more like a commodity rather than an expert.

MountainView Servicing Group is brokering the sale of a multibillion-dollar Freddie Mac and Fannie Mae mortgage servicing rights portfolio.

Radian Group, of Philadelphia, had an explosively strong fourth quarter in 2014 thanks to a reduction of its risk profile as a result of the pending sale of its financial guaranty unit.

Mayor Mike Duggan said that he is working with major investors to create a home-lending program to make it easier for Detroit homeowners to get mortgage-type loans to buy houses.

As home sales posted another gain in January, several other housing indicators suggested Houston's real estate market is cooling, an anticipated event in light of low oil prices and a growing roster of energy companies announcing layoffs.

Mortgage rates jumped from a 20-month low as the job market gained momentum.

Cherry Hill Mortgage Investment in Moorestown, N.J., has agreed to acquire Aurora Financial in Marlton, N.J.

Operating in the shadow of Freddie Mac's business as America's second-largest guarantor of home loans, the company's unit serving apartment landlords is booming as borrowers take advantage of looser lending terms.

Citi has formed a digital marketing alliance with online real estate marketplace Zillow in a bid to reach more customers in the financial services company's priority cities, the company announced Feb. 10.

Inviting first time home buyers to bring a family member or friend to the application appointment creates a greater sense of trust and security and could lead to more business.

GOP lawmakers on Wednesday harshly criticized the Federal Housing Administration's recent move to lower insurance premiums, saying it violates the law and will be used to entice borrowers into predatory loans.

Genworth Financial's private mortgage insurance business was a rare bright spot for a company that overall, lost $1.2 billion during the fourth quarter.

Sporting a black eye he got while playing basketball, CFPB Director Richard Cordray opened up to credit union executives about another dust-up — the decision to ease qualified mortgage restrictions for small and rural lenders.

Home-price growth accelerated in much of the U.S. in the fourth quarter as low mortgage rates and improving employment spurred demand.

Charlotte-area home sales rose 8.8% in January from the same month last year, and the region is showing signs of a "solid" seller's market that will probably last through the spring.