Mortgages

The spring home buying market — traditionally the strongest of the year — didn't do much to boost overall home sale prices in greater Hartford this year.

The Jacksonville, Fla., housing picture continued its trend of mixed results in July.

The world's headlong dash to zero or negative interest rates just passed another milestone: Homebuyers in Denmark effectively are being paid to take out 10-year mortgages.

As the clock runs out on Libor, the American Financial Exchange created its own alternative to replace the much-used index.

The pursuit of a more digital mortgage business always involves a balancing act between the drive for automation and the preference or need many consumers may have for some kind of personal touch.

While talks of an impending recession pick up steam, the housing market remains fairly stalwart and won't be to blame this time around, according to Zillow.

1st Alliance has ceased lending activities following the loss of bonding in Connecticut, plus financial concerns it links to a state regulatory dispute, but it may later seek to recapitalize.

The share of abandoned homes by their owners continues to drop at a faster pace than the overall foreclosure rate, totaling half of what they were three years ago, Attom Data Solutions said.

A West Philadelphia real estate developer who bribed a city official to get an inside track on sheriff's sales was sentenced to serve one month in federal prison, followed by nine months of home confinement.

New-home construction unexpectedly fell in July for a third month on another drop in starts of apartment buildings that masked a gain in single-family units.

July brought some zip to a Portland area housing market that had been in the doldrums relative to the past few years, but the rally might prove short-lived.

Despite a record streak of higher prices, some economists believe homes in certain Bay Area communities should be considered a bargain. And that's even with median price tags easily topping a million bucks.

Mortgage industry hiring and new job appointments for the week ending Aug. 16.

With long-term interest rates at historic lows, mortgage refinancing is coming on strong. But that additional revenue may not be enough to offset net interest margin pressures and lost servicing income.

The Federal Housing Administration updated its lender certification proposal originally issued this past May, as it looks to ease industry concerns on False Claims Act enforcement.

The global rally in bonds on Thursday drove the yield on the benchmark 10-year Treasury below 1.5% for the first time since August 2016.

Lower rates will likely sustain higher levels of origination through at least the third quarter, but supply constraints and economic weakness could limit the purchase market's response in the long term.

The industry has long worried that the ability-to-repay rule gives borrowers an avenue to fight foreclosure, but one plaintiff’s experience may discourage others from trying.

The percentage of Americans behind in their mortgage payments is at a 20-year low. And even fewer Dallas-area homeowners are late with payments than the national average, according to CoreLogic.

July's low mortgage rate environment encouraged new homebuyers to overcome their fears about the direction of the economy that kept them out of the market in June, according to the Mortgage Bankers Association.