Marketing

New-home listings declined significantly in October even as increased demand continued to drive faster sales times and higher prices, according to Redfin.

New-home construction jumped to a nine-year high in October as an outsized advance in the number of apartment projects accompanied a strong pickup for single-family housing.

The spike in borrowing costs in response to President-elect Donald Trump's pro-growth agenda is causing some heartburn in America's housing industry.

Even with Republicans controlling both Congress and the White House, it's highly unlikely the Consumer Financial Protection Bureau will be completely eliminated. However, under the new presidential administration's oversight, many of its more aggressive policies will likely change.

Lenders have the most consumer-facing role in the mortgage industry. By adopting three cultural adjustments, they can introduce more diversity into the workforce and create sustainable businesses and stronger communities.

Mortgage rates increased 7 basis points to their highest level since late June, the largest one-week gain in more than six months, according to Freddie Mac.

Nationstar Mortgage Holdings reported third-quarter net income of $45 million, driven by the large percentage of servicing customers its origination business recaptured.

Can some of the top names in mortgage lending outdo online lending startups in head-to-head competition? We're about to find out. Wells Fargo, Quicken Loans and SunTrust have all entered the digital lending business, putting early entrants on the defensive.

Cathay General Bancorp in Los Angeles has agreed to a community reinvestment plan tied to its deal to buy SinoPac Bancorp from Bank SinoPac in Taiwan.

Pennsylvania Treasurer Timothy Reese launched a $100 million initiative that he said would provide a competitive rate of return while supporting affordable housing.

HomeBridge Financial Services has agreed to purchase the operating assets of Prospect Mortgage, in a deal that will grow its retail branch operation by approximately 150%.

Courting borrowers with past bankruptcies might not cross most loan officers' minds as the best strategy for building business, but Guaranteed Rate's Danielle Young doesn't let borrowers' past blemishes intimidate her.

September's mortgage application defect risk declined 1.4% from August and 14.8% from one year ago, because of the continued improvement in loan manufacturing processes, said First American Financial Corp.

Home prices grew by 5.3% year-over-year for August, which was the seventh out of the last eight months for an annual increase at this same level, according to Black Knight Financial Services.

Ellie Mae and Black Knight Financial Services offer mortgage lenders different value propositions so the competitive dynamic between the two companies hasn't changed, said Ellie Mae CEO Jonathan Corr.

Home prices in New York's Hamptons fell the most in almost three years as buyers in the beachfront towns sought out less-expensive properties and shunned the middle of the market, priced from $1 million to $5 million.

Mortgage rates slipped from last week's spike and the 30-year fixed-rate mortgage eased back to its summertime range below 3.5%, according to Freddie Mac.

Walker & Dunlop has agreed to acquire George Elkins Mortgage Banking Co., which originates commercial real estate loans for life insurers, banks, trusts, pension funds and other private capital sources.

Home prices, when adjusted for income and interest rates, decreased in August by 2.6% on a year-over-year basis, making properties more affordable, according to First American Financial Corp.

Profit fell at SunTrust Banks during the third quarter because of higher costs for technology and deposit insurance premiums, as well as an unfavorable yearly comparison.