Industries

Mortgage portfolio retention strategies typically focus on proactively approaching borrowers who can benefit from refinancing. But companies are increasingly using enhanced analytics to further segment their customer base and identify borrowers on the cusp of buying a new home.

Confidence among homebuilders climbed in August as steady job growth and low interest rates boosted prospects for the residential real estate market in the second half of the year, according to data from the National Association of Home Builders/Wells Fargo.

United Community and Wells Fargo are among the banks building platforms to lend to senior-care facilities. Demographics suggest the business should grow significantly in coming years.

Mayor Bill de Blasio on Thursday nominated Eric Enderlin to be president of the New York City Housing Development Corp., the city's housing finance arm and a major player in de Blasio's affordable housing initiative.

Application volume rose 2.4% from July 2015, which was the slowest year-over-year pace thus far in 2016.

Mortgage lenders can expand their businesses by catering to borrowers who aren't proficient in English, but doing so requires strategic recruiting and hiring and compliance with federal and state regulations.

The emergence of lenders that have no real connection to a geographic area prompts questions over how the Community Reinvestment Act’s “good neighbor” policy can continue.

Fewer housing markets are seeing double-digit gains in prices as affordability becomes more of a challenge in some areas.

The foreclosure inventory at the end of June was at its lowest level since August 2007, according to data released Tuesday by CoreLogic.

The biggest change in banking in the last 60 years is the shift in balance sheets from business lending to real estate finance and therefore more risk tied to volatile real estate prices.

By buying EverBank Financial, the insurance and retirement savings behemoth will gain billions of dollars in low-cost deposits and access to many new lending products that it can offer to millions of clients.

Under pressure from regulators to beef up risk management in commercial real estate lending, banks are using new software tools to improve analysis.

When the limits on two of Bill Johnson's credit cards were lowered from $20,000 to $6,000, his outstanding balances jumped from a perfectly acceptable 20% to a dangerously high 66%.

Republican presidential nominee Donald Trump's campaign has named The Federal Savings Bank Chief Executive Steve Calk to its economic advisory council.

Fannie Mae reported that the Home Purchase Sentiment Index rose 3.3 points in July to 86.5, an all-time survey high.

Ares Commercial Real Estate's net income slipped slightly in the second quarter as the company prepares to sell its mortgage banking subsidiary.

Realogy Holdings Corp., owner of brokerage brands Coldwell Banker and Century 21, dropped to a record low as sluggish luxury home sales hurt the firm's earnings.

A proposed 50% expansion to the Low Income Housing Tax Credit program would yield new opportunities for banks to finance development projects and meet their Community Reinvestment Act obligations.

Looking to provide its technology from start to finish in a real estate transaction, e-signature company DocuSign has created a new "lead to close" strategy.

President Obama has signed a housing reform bill that will open the door for welfare recipients to use federal rent vouchers to purchase manufactured homes and become homeowners.