Mortgages

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

Borrowers were more than twice as likely to use a lender they found online in 2018 as they were in 2017, making search engines the mortgage industry's top source of referrals.

Real estate experts think homebuilders should prevent natural disasters with better strategies, but this could drive up already rising prices and hurt buyer affordability, according to Zillow.

Strong loan performance continued into December as all delinquency stages fell annually behind equity gains and the sustained rise of home prices, according to CoreLogic.

February was a disappointing month for the Dallas-area housing market.

American Banker and National Mortgage News are offering an exclusive discussion of how policymakers may revamp Fannie Mae and Freddie Mac and what that will mean for mortgage lenders of all sizes.

From New York to Seattle, here's a look at cities with the best homebuyer purchasing power for the upcoming competitive spring market, based on changes in house values compared to local wages and mortgage rates.

Falling interest rates contributed to efforts that helped Hovnanian Enterprises nearly halve its net loss during its fiscal first quarter, when it maintained a strong sales pace by selling more low-priced homes.

As housing starts gradually rise, the proportion of homes getting built outside of metropolitan areas is declining due to fewer jobs there to support them.

Agency mortgage-backed security prepayment speeds increased in February with much of the refinance activity coming from newer loans and those with high coupons, a report from Keefe, Bruyette & Woods said.

Mortgage foreclosure filings across New York dropped 46% between 2013 and 2018, from 46,696 to 25,334, according to a report issued by New York State Comptroller Thomas DiNapoli.

City planners project that an existing housing shortage on Oahu could disappear in five years based on current and anticipated residential development projects.

Colorado Springs-area home prices continued to climb last month, even as Denver's slipped for the first time in several years.

Mark Calabria, who could be confirmed as early as this month, is expected to focus on changes to Fannie Mae and Freddie Mac’s conservatorships to let the mortgage giants keep more of their profits.

Ginnie Mae could limit how much servicing income mortgage lenders can sell off through a transaction if they don't establish a minimum 25-basis-point spread at the portfolio level by next year.

A patchwork of state laws makes it tough for lenders to adopt electronic notarization, but they'll need to if they want to make a fully digital mortgage a reality.

While homes sales in January might have been down across the region, activity in St. Johns County was still strong.

Consumers have much more confidence in the job market than they do on housing, and home prices could be the culprit, according to Fannie Mae.

Sales of new and existing single-family homes in the Albany, N.Y., area fell 10% in January from year-earlier levels, the Greater Capital Association of Realtors reported.

As 2019 got underway, weakness in the housing market drove the number of workers employed by nondepository mortgage companies down to a low not seen since August 2016.