Housing

One of the biggest U.S. mortgage lenders is looking to disrupt the disruptors in the market for peer-to-peer loans.

National Penn Bancshares in Allentown, Pa., said its second-quarter profit improved as increased real estate lending offset higher expenses.

U.S. housing-finance reform may be even more remote thanks to a provision in the Senate's transportation bill that uses the mortgage giants as a source for funds, according to lawmakers and industry groups.

Zillow Group in Seattle has agreed to buy DotLoop in Cincinnati, a provider of real estate document technology.

The West Coast continued to dominate the top housing markets across the country in terms of property values, according to the most recent Home Value Forecast offered by Pro Teck Valuation Services.

Huntington Bancshares in Columbus, Ohio, reported higher quarterly in profit that reflected higher in mortgage banking fees and steady loan growth.

The Mortgage Bankers Association on Wednesday said the housing market recovery has shifted to "a higher gear," and it raised its forecasts for total originations and home purchases for this year and 2016.

Sales of previously owned U.S. homes climbed to an eight-year high in June as momentum in the residential real estate market accelerated.

From CFPB and TRID to QM and ATR, the barrage of new abbreviations emanating from the Dodd-Frank Act has only been matched by the enormity of the changes it made to the mortgage industry. Here are 10 ways that the landmark financial reform legislation has reshaped the mortgage industry since becoming law five years ago.

The Federal Home Loan Bank of Dallas' Affordable Housing Program celebrated its 25th anniversary on July 16.

Federal judges have dismissed two lawsuits that accused Wells Fargo of reverse-redlining in Los Angeles and Cook County, Ill., Reuters reported.

Community Housing Capital in Decatur, Ga., has received a $100 million line of credit dedicated for the development and preservation of affordable housing from a syndicate organized by Morgan Stanley.

Richard Green, director of the University of Southern California's Lusk Center for Real Estate, will serve as a senior FHA advisor on housing finance policy for one year.

Homes in the San Francisco Bay area sold last month at the fastest pace in almost nine years and prices approached a record as growing consumer confidence, historically low mortgage rates and job growth propelled sales.

New-home construction climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects.

Mortgage applications for new-home purchases rose 1% during June compared with the previous month as housing prices continue to recover, according to the Mortgage Bankers Association.

Citigroup's combined gain-on-sale and mortgage servicing revenue increased by 34% in the second quarter over the same period last year.

Confidence among homebuilders held in July at the highest level since November 2005, indicating the residential real estate market may be picking up speed.

June's home sales are up 12% over the same month in 2014, according to the Re/Max National Housing Report.

The housing market may get a bump from two groups — first-time homebuyers and Hispanic consumers, according to a TD Bank survey.