Mortgages

Gateway Mortgage Group says its launch of a digital-only bank is scheduled for this summer.

Having an all-digital process results in lower customer satisfaction for home equity line of credit providers than an all in-person or a mix of methods, a J.D. Power survey found.

Fewer Hawaii property owners fell into foreclosure last year in continuation of a trend that began in 2014, according to state data.

After a cool January, home sales in Northeast Ohio warmed up a bit in February.

Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines.

The Federal Housing Administration is moving forward with a long-delayed plan to reduce the term of the home warranty required for high loan-to-value mortgages on new houses.

Mortgage rates declined across the board this week, which should make home buying more attractive although there are continuing concerns about inventory, according to Freddie Mac.

The 2020 presidential hopeful removed the contentious provision from a previous version of the bill that had won praise from bankers but sparked fierce opposition from credit unions.

Technologies like Siri and Alexa will only make mortgage production more efficient if users communicate with them precisely and securely.

Millennials make up the largest cohort of homebuyers, but a quarter of them don't even know their credit score, which could be a call for mortgage lenders to help them prepare to enter the housing market.

The House Financial Services Committee debated legislation Wednesday to reform and reauthorize the National Flood Insurance Program, but no clear solution emerged.

In remarks to credit unions, the Senate Banking Committee Chairman said that fixing the government-sponsored enterprises and data security were priorities.

A subsidiary of digital-media company Beta Music Group is linking its origination support technology with Arive's online platform, which connects mortgage brokers to lenders, borrowers and third-party vendors.

While home prices continued the gradual annual growth in February, its plateaued monthly progression could open a big spring for mortgage lending, according to Quicken Loans.

The foreclosure rate in the Tampa Bay area was unchanged between 2017 and 2018 despite a drop in the percentage of homes that were seriously delinquent on their mortgages.

Mortgage lenders are optimistic about their business prospects during this spring's home purchase season even with the negative sentiments about demand in the previous three months, Fannie Mae said.

A pair of professors with industry ties say reverse mortgages deserve a second look, partly because of a series of federal reforms in recent years designed to protect taxpayers and consumers.

Purchase application volume increased, both week-to-week and year-over-year, as high-end buyers as well as those that need government loans entered the market, according to the Mortgage Bankers Association.

Real estate agents across Colorado are hoping the chill in the state's housing market comes from the wintry weather and not the start of a longer market slowdown.

A city program that helps first-time homebuyers purchase affordable homes has received an additional $3.2 million in grant funding.