Housing

Homeowners and appraisers are getting farther apart on their perceptions of housing values, according to Quicken Loans.

Home prices rose in the vast majority of U.S. metro areas in the second quarter, according to the National Association of Realtors.

The Department of Housing and Urban Development fined two Texas lenders for charging bogus fees to borrowers purchasing manufactured housing.

A New York law that was invalidated by a federal judge was one of many efforts by big cities to pressure banks into making more investments in local communities after the crisis. Some municipal laws could be more vulnerable to bankers' legal challenges than others.

Walter Investment Management in Tampa, Fla., said its second-quarter loss widened, as it recorded a goodwill impairment charge in its reverse mortgage division.

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.

PennyMac Mortgage Financial Services reported a rise in income on higher servicing and origination revenue.

Essent Guaranty did $7.23 billion of new insurance written in the second quarter, the second highest volume in the company's brief existence.

Consumers have soured on the housing market as more people hold a negative perspective regarding their personal finances and the overall economy, Fannie Mae reported in its July 2015 National Housing Survey.

Competition among lenders has been good for homebuyers.

Stonegate Mortgage reported a large increase in second-quarter profit on higher originations and a larger servicing portfolio.

Interest rates on fixed-rate mortgage loans fell for the third consecutive week, according to Freddie Mac.

With purchase mortgages poised to supplant an expected drop in refinancing, here's a look at the 10 markets with the biggest year-over-year pickup in home sales.

Carrington Mortgage Services said it has helped more than 10,000 consumers, in its campaign to serve underbanked borrowers, originating more than $1.8 billion of loans.

Prospective borrowers for single-family homes will be required to make a minimum down payment of 15% of the purchase price, down from 20%. The borrower must have a minimum FICO score of 680, down from 740.

Home prices across the United States spiked 6.5% year-over-year in June 2015, including distressed sales, according to proprietary analytics provider CoreLogic.

Mortgage applications rose a seasonally adjusted 4.7% for the week ending July 31, compared to the previous week.

NorStates Bank has selected HomeBridge Financial Services to provide origination of residential mortgage loans.

LendingTree posted record revenue during the second quarter, leading the company to upwardly revise its full-year guidance.

Commercial real estate borrowing and lending continued at a strong clip in the second quarter, according to the Mortgage Bankers Association.