Housing

Clayton Holdings reported a $3.7 million pretax first-quarter loss, but Radian's mortgage insurance business had pretax income of $140 million, a 10% increase over the prior year.

An across-the-board increase in mortgage interest rates accompanied a decline in loan applications, according to the Mortgage Bankers Association.

More Americans than forecast signed contracts to purchase previously owned homes in March, an encouraging sign as the housing market was entering its busiest selling season of the year.

Federal Savings Bank in Chicago has acquired the assets of ICC Mortgage Services in Westbury, N.Y.

Flagstar Bancorp reported an increase in net income during the first quarter, mainly on higher interest income and a larger release of loan loss reserves.

It's taken nine years, but the number of U.S. homes in foreclosure has fallen to a level not seen since before the 2008 housing crisis.

Home prices in 20 U.S. cities rose less than forecast in February from a year earlier, which bodes well for prospective buyers.

More homebuyers are using social media to find out information about mortgage products and services, TD Bank reported in its Mortgage Service Index.

The Connecticut Housing Finance Authority intends to offer $189 million in tax-exempt bonds Tuesday to finance single-family mortgages.

Home prices continue to make steady increases but are still off from their 2006 peak, according to Black Knight Financial Services.