Marketing

Citing rising cost and time constraints, PHH Corp. will stop internally building its retail originations business and instead focus on acquisitions and its joint venture with Realogy Corp., PHH Home Loans.

Rising home prices in hot housing markets are robbing buyers of a favorite pleasure: looking at pictures of homes they can't afford.

The inventory of homes for sale in the U.S. declined in January, while home prices continue to rise, according to Zillow.

Financial gyrations have kept long-term interest rates lower than expected and that could be good for the housing market.

The mismatch between demand for new homes and the supply threatens to drive up prices and dampen lending.

Millennials are on the verge of becoming the largest cohort of homebuyers. If lenders want to gain and retain their trust, they must start by recruiting a younger, more diverse and gender-balanced workforce.

Home equity portfolios have shrunk at banks, but credit unions and nonbank lenders like loanDepot helped fuel the surge in home equity lines last year.

National Mortgage News readers share their views on the most pressing mortgage and housing topics of the month. Comments are excerpted from reader response sections of NationalMortgageNews.com articles and our social media platforms.

Ellie Mae earned $22.6 million as it recorded record revenue and the number of Encompass users grew by 25%.

Fifth Third Bancorp in Cincinnati said Thursday that it will spend $27.5 billion over the next five years to provide loans and other financial services to underserved communities in its region.

Bank of Botetourt in Buchanan, Va., said Thursday it has opened a mortgage division to pursue unmet demand for home loans in southwestern Virginia.

The financial crisis turned a lot of Americans into renters, because they couldn’t keep paying their mortgage, or because high unemployment and stagnant wages in the ensuing years forced them to put off homeownership.

There were 3.1 million homes and condos sold during 2015, a nine-year high. From the Twin Cities of Minneapolis-St. Paul to Salem, the capitol of Oregon, here's a look at the 10 markets with the biggest year-over-year percent increases in home sales.

The Consumer Financial Protection Bureau's indirect response to Quicken Loans' Super Bowl 50 commercial implicitly warns consumers to be wary of technology, which points to a bigger problem: does the CFPB even know what it wants from the mortgage industry?

Mortgage lenders are ramping up marketing and point-of-sale processes, in order to prepare for an environment in which home sales are expected to cool down, according to a new report by Stratmor Group.

Computershare has agreed to acquire Capital Markets Cooperative for $71.2 million.

Financial companies from Quicken Loans to SoFi will be advertising in Sunday's game — a rare sight in recent years — despite the estimate $5 million price tag.

The final deadline for all Top Producers Survey responses is here. All entries must be submitted online by 6 p.m. EST Monday, Feb. 1.

Purchases of previously owned homes rose more than projected in December, helped in part by warmer weather and wrapping up the best year since 2006.

Credit unions' share of the mortgage origination market has climbed steadily since the financial crisis. The sector expects to build on that momentum in 2016, even as significant headwinds loom.