Mortgages

The proposal would add reforms aimed at broadly prioritizing owner-occupant access and end the "test" or "demonstration" mode these sales have been in since 2002.

The number of properties sold over the past year was the fewest since 2009, the National Association of Realtors said.

The final rule governing the use of automated valuation models for home assessments is substantially similar to the initial proposal made last June.

It has become the 29th state to bar NTRAP contracts, with Illinois' legislation on it pending the governor's signature, according to American Land Title Association data.

Total housing starts increased 3% to a 1.35 million annualized rate last month, driven by a 19.6% surge in multifamily construction, according to government data released Wednesday.

Refinance transactions shot up over 15% to their highest volume in almost two years, the Mortgage Bankers Association said.

Some commenters on the Federal Housing Finance Agency's request for input about the Federal Home Loan Bank system mission demand more focus on affordable housing while others firmly advocated against member incentive programs.

Rocket Mortgage relied on a biased appraisal when it denied a borrower's refinance application in Denver three years ago, the housing agency claims.

Amid a rocky re-election campaign, the president announced the Biden-Harris Housing Plan, calling on Congress to incentivize landlords to cap rents and enable the construction of two million homes.

Further efficiencies could aid servicers, and improved performance may be a reason for lenders to open the credit box, experts at an Urban Institute event said.

The resilience of the equity market has been underpinned by optimism the economy has withstood the worst of Fed tightening.

Confidence among U.S. homebuilders fell for a third straight month in July as elevated interest rates weighed on sales and kept construction financing costs high.

The Congressional Budget Office acknowledged limitations in its research of expected flood damage data.

The National Association of Realtors was looking to reverse the April decision from the D.C. Circuit Court of Appeals that allowed the Justice Department to reopen its probe into the group.

While the pace of consumer inflation is showing signs of slowing, building material costs are running counter to the trend, according to the National Association of Home Builders.

The wholesale unit is running a month-long special looking to boost the product by waiving the $795 origination fee.

A Rocket Mortgage securitization is the first private investor deal with a high share of e-notes, and the company is considering use with another loan product type.

Rising inflation has been an issue across the country, but these are the cities with the greatest challenges.

Property insurance and taxes account for over one-third of current loan performance risk, according to Auction.com's recent survey of default servicing leaders.

Second quarter margins at the three big banks were lower versus three months' prior, missing Keefe, Bruyette & Woods expectations of a flat comparison.