Housing

Arch MI U.S. did $3.2 billion in new insurance written, approximately 60% more than the nearly $2 billion done in the same quarter in 2014.

California’s Richmond Community Foundation will pursue a new social impact bond vehicle with a $3 million revenue bond private placement it hopes to close next month with the local Mechanics Bank.

Contract signings to purchase previously owned homes unexpectedly fell in September by the most since the end of 2013, indicating the residential real estate market is cooling from its recent brisk pace.

Interest rates on 30-year fixed-rate mortgages fell three basis points during the week ending Oct. 29, as the market increasingly expects the Federal Reserve to hold off on raising rates, according to Freddie Mac.

A major investor in insurance giant American International Group is calling on the company to break itself up into three companies to get out from under its designation as one of only four systemically risky nonbanks.

Consumer demand to purchase housing increased slightly in September, compared to a year earlier, according to Redfin.

Mortgage application volume fell 3.5% on a seasonally adjusted basis for the week ending Oct. 23, compared to the previous week.

Department of Housing and Urban Development staff are working on a revision to the agency's condo rule and "we anticipate a rulemaking process," HUD Secretary Julian Castro said this week.

Flagstar Bancorp reported a third-quarter profit, as it originated more residential mortgages and recorded higher fee income.

Home prices in 20 U.S. cities rose at a faster pace in the year ended August, a sign the industry continues to strengthen on improving demand.

The financial condition of the Federal Housing Administration’s mortgage insurance fund has improved “significantly” over the past year, Department of Housing and Urban Development Secretary Julian Castro predicted late Monday.

First Mortgage Corp. in Ontario, Calif., has stopped originating mortgages and plans to cease operations.

The homebuilder says his mortgage shop was ready for the new mortgage disclosures. No problems so far.

Home prices increased 0.3% from July and 5.5% year-over-year in August, putting them just below their precrisis peak, according to Black Knight Financial Services.

Purchases of new homes slumped in September to a 10-month low, disrupting a trend of steady improvement this year in the industry.

Housing markets across the U.S. continue to gradually improve, according to Freddie Mac.

Consumer demand for apartments continued to rise in the third quarter, according to the National Multifamily Housing Council.

Astoria Financial, a New York City-area thrift under pressure from activist investor Basswood Capital Management to boost the share price, is exploring a sale, according to people familiar with the matter. The stock climbed as much as 6.2%.

Lawmakers and industry groups are urging FHA to update condo rules to provide more homeownership opportunities for first-time buyers.

Mortgage rates fell this week as investors acted on Federal Reserve Gov. Daniel Tarullo's doubts on an interest rate increase occurring before the end of the year.