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Pretax mortgage income at NVR Inc. surged 37% year-over-year in the second quarter while originations rose 1%, contrasting more tepid home-loan earnings results relative to originations at big banks.
July 19 -
The potential for home resales rose 1.1% month-to-month as mortgage rates fell, but buyers only became more entrenched as their purchase power increased, according to First American.
July 19 -
Housing sales slumped in the Jacksonville area last month, according to a new report from the Northeast Florida Association of Realtors.
July 19 -
Increasingly, it's becoming a tale of two housing markets in the Twin Cities.
July 19 -
Mortgage industry hiring and new job appointments for the week ending July 19.
July 19 -
The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.
July 18 -
Mortgage lenders continue prioritizing technology efforts over all else in hopes of tackling a slew of market hurdles and threats, according to Fannie Mae.
July 18 -
Bolstered home equity gains from rising prices put owners in a stronger position should another housing bubble be on the horizon, according to CoreLogic.
July 18 -
Hovnanian Enterprises, the corporate parent of homebuilder K Hovnanian Homes, received a new notice from the New York Stock Exchange indicating its low market capitalization could jeopardize its listing status.
July 18 -
Former Lend America executive Michael Ashley was sentenced to three years in prison for his actions that led to the implosion of the once-high-flying Melville, N.Y.-based mortgage lender.
July 18 -
Although the presidentially directed reports on housing finance reform are "essentially done," FHFA Director Mark Calabria doesn't expect them to be published until August or September.
July 18 -
After three weeks of holding fairly steady, average mortgage rates ticked up this week, ironically due to investor optimism that the Federal Open Market Committee will cut short-term rates, according to Freddie Mac.
July 18 -
Quicken Loans Inc.'s biggest quarter to date means more jobs in Detroit.
July 18 -
The pace of home sales in metro Atlanta was down dramatically last month compared to the same period last year, according to reports released this week.
July 18 -
The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale.
July 17 -
An expanding gap between sharp home price appreciation and relatively feeble income growth dating back to 1960 brewed America's affordability crisis, according to Clever Real Estate.
July 17 -
An important traditional tool of monetary policy has been diminished and may even become counterproductive in the future.
July 17
Whalen Global Advisors LLC -
Bank of America says rate cuts could reinvigorate mortgages and that its digital and cards strategies will help it grab more market share to offset shrinking margins.
July 17 -
The second quarter continues to shape up as a good one for bank mortgage lenders — and one ancillary service provider — that are benefiting from a spike in volume.
July 17 -
The onset of summer typically comes with the largest volume of home sales, however exorbitant prices kept potential buyers at bay, according to Remax.
July 17























