Industries

Fifth Third's mortgage division has launched the Community Reinvestment Mortgage Special, a program designed to cover closing costs for mortgage customers buying or refinancing homes in low-income areas.

Contract signings to purchase previously owned homes unexpectedly declined in August for just the second time this year, signaling residential real estate might have difficulty building on recent momentum.

Roughly 60% of borrowers who used a mortgage to buy a home in Des Moines during the first half of 2015 were aged 25 to 34.

Fannie Mae will be facing more competition in the HFA market as Freddie Mac and the FHLBs become more active.

In the communities hardest hit by the housing crisis, some credit policy loosening will be needed to help the recovery, according to Pro Teck Valuation Services.

Get ready for a wave of takeovers of U.S. publicly traded landlords.

Title agents nationwide are optimistic about the potential for an increase in home prices, according to First American Financial.

Sales of single-family homes and condos are on pace to reach an eight-year high this year, according to RealtyTrac's U.S. Home Sales Report for August.

Officials signaled that Hudson City Savings Bank's nearly $33 million settlement over redlining charges is only the first in what is likely to be a string of other cases.

Inclusionary housing policies can help reduce economic discrimination in neighborhoods that are gentrifying rapidly, according to a think tank's report.

Appraisers and appraisal management companies do important, and different, work. Their fees should be listed separately and transparently in the TILA-RESPA integrated disclosures.

Federal officials on Thursday ordered Hudson City Savings Bank to pay more than $27 million to resolve redlining allegations, the largest order of its kind and one that is likely to put larger banks on notice that redlining cases will be aggressively pursued.

The U.S. housing market continues to slowly stabilize, according to Freddie Mac's latest Multi-Indicator Market Index.

Purchases of new homes jumped in August to a seven-year high as Americans took advantage of historically low mortgage rates.

The Consumer Financial Protection Bureau's method for detecting disparate impact discrimination can overestimate potential bias, resulting in higher payments for lenders cited by the agency, according to internal CFPB documents.

Senior home equity rose by $117 billion in the second quarter, compared to the previous quarter, according to the National Reverse Mortgage Lenders Association.

Mortgage applications rose 14% on rate decreases, compared to one week earlier, on a seasonally adjusted basis for the week ending Sept.18, according to the Mortgage Bankers Association.

Although new HMDA data shows no negative effects from CFPB mortgage rules that went into effect last year, industry representatives argue it isn't showing the full picture.

The housing market is edging off a slow recovery in spite of high depreciation rates concentrated on the East Coast and Midwest, according to Zillow's August Real Estate Market Report.

While Congress has been unable to pass housing finance reform, Fannie Mae and Freddie Mac have done a good job of adhering to some of the spirit of recent bipartisan legislation, according to Mark Zandi, chief economist at Moody's Analytics.