Industries

The House approved eight regulatory relief bills Tuesday evening, including two controversial measures opposed by a number of Democratic lawmakers and the White House.

The Consumer Financial Protection Bureau issued a final interpretive rule Wednesday that clarifies its housing counseling requirements with respect to high-cost loans.

Bank of America had mortgage banking income of $694 million, up from $412 million one year prior, as it originated $14 million of first mortgages in the first quarter.

Home values dipped slightly month-to-month in March, though they remained up from their 2014 levels, according to Quicken Loans.

Confidence among homebuilders rose in April for the first time in five months as prospective buyers returned to the market and sales climbed.

NMN's 9th Annual Mortgage Servicing Conference is coming up. Here are some of the can't-miss sessions and speakers on the agenda.

Wells Fargo & Co. and JPMorgan Chase & Co. posted their largest mortgage-lending gains in more than a year as the recovery in the market gains momentum.

Altisource Portfolio Solutions has raised the curtain on Residential Investor One, a new cooperative aimed at providing savings and services for real estate investors.

Zillow Group Inc. dropped after giving a 2015 revenue forecast that fell short, blaming delays in regulatory approval for its purchase of rival real estate website Trulia Inc.

Wells Fargo posted profit that beat analysts' estimates as lower interest rates spurred more borrowers to purchase homes or refinance debt.

Builders FirstSource rose the most on record after saying it agreed to buy competitor ProBuild Holdings in a deal valued at $1.63 billion.

Blackstone Group cemented its position as the world's biggest private-equity investor in real estate with a global buying spree that includes General Electric Co. assets and a California-based shopping-center owner.

Two House Financial Services subcommittee chairmen are urging the Consumer Financial Protection Bureau to delay enforcement of a new disclosure regime due to take effect this summer until Jan. 1.

Continued economic expansion should lift much of the real estate industry nationwide over the next three years, though single-family housing may miss out on these same levels of growth.

Blackstone Group and Wells Fargo are nearing a deal to buy a real estate portfolio from General Electric worth as much as $30 billion, according to a person with knowledge of the matter.

The Texas Department of Housing and Community Affairs awarded contracts to Matt Martin Real Estate Management and Waterman Steele Real Estate Advisors to help the state agency handle its real estate portfolio.

The Topeka FHLB's plan to allow participations in newly issued mortgage pools may benefit members institutions and the bank itself — and could soon be imitated by other Home Loan Banks.

When it comes to millennials, the $64,000 question is when will this generation be ready to start buying their first homes?

Citigroup priced the senior most tranche of its latest commercial mortgage securitization, Citigroup Commercial Mortgage Trust 2015-GC29, just wide of the previous conduit to be sold, by Wells Fargo.

Credit unions as a whole will continue to grow their share of the mortgage market in 2015 and into 2016, say industry experts.