Marketing

Existing home sales remained flat to begin 2017, as challenges crop up for the housing market in the year ahead, online marketplace Ten-X reported.

PHH Corp. is opposing an attempt by Democratic attorneys general in 16 states and the District of Columbia to intervene in an appeals court case that found the Consumer Financial Protection Bureau's structure was unconstitutional.

Contracts to buy previously owned homes rebounded last month as buyers adjusted to the recent jump in mortgage rates, according to the National Association of Realtors.

Vacation homes in New York's Hamptons lost their allure for buyers in the fourth quarter as concerns about the U.S. presidential election and its aftermath curtailed interest in discretionary purchases.

A tactic that helped define the height of homebuying madness in the U.S. in the years before the market collapsed is rearing its head again.

Sales of previously owned homes declined more than forecast in December, data from the National Association of Realtors showed, but sales for the full year were the strongest since 2006.

Wells Fargo & Co. charged some homebuyers fees to extend promised interest rates when the bank failed to process their mortgage applications on time, ProPublica reported, citing four former employees from the Los Angeles area.

The Virginia bank has agreed to buy Tidewater Mortgage's majority stake in Old Point Mortgage.

Rising mortgage rates are offsetting higher demand and stifling the market potential for existing-home sales, according to First American Financial Corp.

The Connecticut bank said a spike in business lending and residential mortgages gave its fourth-quarter earnings a boost.

As the country's homes for sale inventory declines, prices and the percentage of homes going under contract quickly are rising, according to Redfin.

The increase for the month represented the fastest annual pace of appreciation recorded in 2016.

Builders broke ground on more homes than forecast in December as a jump in apartment construction helped cap the seventh straight yearly increase, a report from the Commerce Department showed Thursday.

Rising interest rates typically cause lenders to relax underwriting guidelines. The incoming administration promises to deregulate. Sounds like a combustible mix, but there's ample room to loosen credit without returning to the practices that caused the crisis.

The Justice Department claims the bank, which has received "satisfactory" ratings in its last four CRA exams, is failing to serve minority neighborhoods around Minneapolis.

Confidence among homebuilders retreated in January from an 11-year high, suggesting optimism has plateaued following Donald Trump's election victory, a report from the National Association of Home Builders/Wells Fargo showed Wednesday.

JPMorgan Chase's net mortgage banking revenue for the fourth quarter was $1.69 billion, an increase of just 1% over the same period in 2015.

Higher interest rates will add stress for millennials looking to buy a home, according to an analysis from Fitch Ratings.

Homebuyers in Brooklyn competed for a record-low number of listings in the fourth quarter, driving up prices in the New York borough that's historically been seen as a refuge from Manhattan's high costs.

A Trulia analysis of U.S. listings shows that 3.9% of homes that moved from for-sale to pending moved back to for-sale again, nearly double the rate in 2015.