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Housing and Urban Development Secretary-designate Ben Carson is open to finding alternatives to the 30-year fixed-rate mortgage, but believes there must be some government backstop to the housing market.
January 12 -
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.
January 12 -
Mortgage applications for new home purchases rose 2% year over year in December, the Mortgage Bankers Association reported.
January 12 -
Mortgage rates moved lower for the second consecutive week on the market's reaction to November's employment numbers, according to Freddie Mac.
January 12 -
Treasury Secretary-designate Seven Mnuchin will divest himself of his investments and interests in a number of companies and funds once confirmed, including a fund that has bet on Fannie Mae and Freddie Mac being recapitalized and released from government control.
January 11 -
Housing is not in a bubble even though home prices are unlikely to decline in the next two years, according to a new report from Arch MI.
January 11 -
Sen. Elizabeth Warren, D-Mass., rallied progressives on Tuesday night to launch a campaign to defend the Consumer Financial Protection Bureau and the Dodd-Frank Act.
January 11 -
HUD Secretary-designate Ben Carson is all but certain to get confirmed to his post unless he makes a major mistake during his confirmation hearing. Given his lackluster performance during the GOP presidential debates last year, some wonder if that's a possibility.
January 11 -
Flushing Financial in Uniondale, N.Y., has its next chairman lined up.
January 11 -
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.
January 11 -
Mortgage application volume started off 2017 on a good note as activity increased 5.8% from one week earlier, according to the Mortgage Bankers Association.
January 11 -
House Democrats sent a letter Tuesday to President-elect Donald J. Trump, urging him to reject calls by Republicans to fire Richard Cordray, the director of the Consumer Financial Protection Bureau.
January 10 -
Refinance volume rose among millennial borrowers in November, reflecting a nationwide trend, according to Ellie Mae.
January 10 -
Through Motto Mortgage, Remax is looking to give its smaller franchisees the same ability to offer one-stop shopping to homebuyers as larger operators, in a way that will not raise red flags for regulators.
January 10 -
Mortgage brokers and their wholesale partners have seen a slow increase in their market share since the start of the housing recovery. Remax's Motto Mortgage franchise business could accelerate growth faster than the channel's advocates hope for.
January 10 -
American Mortgage Consultants has acquired a business unit that handles due diligence and quality control for residential mortgages from Stewart Lender Services.
January 10 -
Two Republican senators sent a letter to Vice President-elect Mike Pence calling for the removal of Consumer Financial Protection Bureau Director Richard Cordray.
January 10 -
Ellie Mae has rolled out an extension to its Encompass Lending Platform to allow loan officers to originate loans in a mobile environment.
January 9 -
The Federal Housing Administration said it would cut the annual premium by 25 basis points starting on Jan. 27, giving President-elect Donald Trump a limited window to delay or scrap the cut.
January 9 -
In a letter Monday to Comptroller Thomas Curry, Sens. Sherrod Brown, D-Ohio, and Jeff Merkley, D-Ore., registered their strong opposition to the concept of the charter, which would allow certain types of fintech companies to avoid state licensing requirements by obtaining a limited-purpose national bank charter.
January 9








