Marketing

Gains in employment and income are beginning to have a positive influence on home sales, according to First American Financial Corp.

Nationwide, the lack of single-family home construction has become dire, threatening to create a housing shortage that could undermine affordability and home sales. But this dearth of new housing starts is far worse in some of the country's most sought-after housing markets.Here's a look at the 10 markets in need of the most new construction.

The National Association of Hispanic Real Estate Professionals has created a glossary that provides Spanish translations of terms used by the real estate and mortgage industries.

Lennar Corp., the second-largest U.S. homebuilder, reported fiscal third-quarter earnings that beat analysts' estimates as low borrowing costs and job growth bolstered buyer demand for houses nationwide.

The Department of Housing and Urban Development is taking a harder look at how mortgage lenders treat borrowers with limited English language skills.

Home sales in California are beginning to show signs of weakness as a lack of affordable housing begins to weigh on the Golden State's real estate market.

The Consumer Financial Protection Bureau can determine nearly anything to be an unfair, deceptive or abusive act or practice, and it's more likely to do so when lenders try to take advantage of regulatory loopholes.

The average rate for the 30-year fixed rate mortgage increased to its highest level since the British vote to exit the European Union, according to Freddie Mac.

From gathering information on buildings to complex income and asset profiles of buyers, loan officers in New York have many bases to cover and hurdles to leap. Debra Shultz of Guaranteed Rate makes it look easy.

Altisource has expanded its offerings to include foreclosure auction services.

Home prices rose again year over year in July and are expected to do the same this time next year, according to CoreLogic.

Efforts to expand diversity and inclusion are critical to any industry, but they're becoming especially important in mortgage finance, where the customer base is evolving and more millennial and multicultural consumers are ready to buy homes.

Home prices have returned to their precrisis peaks, but homeownership rates keep on slipping.

The events of the past 40 years pale in comparison to the strides the mortgage industry has made with technology, from pen-and-paper processes to handheld interest rate checks in minutes. The most exciting part: the best is yet to come.

It was 1976, the year of the U.S. Bicentennial, the dawn of Apple Computer and supersonic commercial flight aboard the Concorde jet. The average rate for a 30-year mortgage was 8.87% and the median sales price of existing homes was $38,100. And in an apartment on Manhattan's Upper East Side, National Mortgage News was born.

The Mortgage Bankers Association has long been a staunch defender of the mortgage interest deduction. But the group's president and CEO now says he's open to Congress reducing, or even eliminating, the tax break.

Ben Franklin famously said the only things certain in life are death and taxes. One Wisconsin loan officer has found one more.

Nonbank lender Guaranteed Rate has scored a naming rights deal with the Chicago White Sox.

"Graceful" may not be the first word that comes to mind when thinking about last year's "Know Before You Owe" disclosure implementation, but one Texas loan officer has a different perspective.

Existing and prospective homeowners are split about which presidential candidate is better for real estate.