Mortgages

Home price appreciation tapered as buyers battling tight inventory and rising housing costs pulled back from the market, according to CoreLogic.

AI Foundry is aiming to further cut the time it takes to originate a mortgage by adding artificial intelligence tools designed to improve on optical character recognition.

Minneapolis' offering of affordable starter homes and inflated supply of below-median-priced options made it the housing market with the highest low-income ownership rate, according to Redfin.

Home purchaser affordability declined in the fourth quarter, which also negatively affects the amount Americans have to spend on cost-of-living expenses, a report from Zillow said.

Once again, home sales in Ohio dipped as prices climbed in January.

The average price of a new home rose in Texas' four largest markets in January, with Houston leading the gains, according to HomesUSA.com.

Sales of new homes unexpectedly rose in December after a downwardly revised November reading, as lower mortgage rates and more-affordable properties offered some relief for buyers.

The secretary of housing and urban development plans to "finish out this term" but wants to return to "the private sector because I think you have just as much influence, maybe more."

Following a congressional mandate, the consumer bureau solicited public feedback on Property Assessed Clean Energy loans, which have been deemed risky by the Federal Housing Administration.

While millennials comprise the largest cohort of homebuyers, the aging baby boomer generation has created 7.86 million more homeowners and 2.82 million renters age 60 and older — growth rates higher than any other demographic.

Freddie Mac closed its fifth LIHTC fund since 2018 and will make three investments in affordable housing through a partnership with National Equity Fund.

American Mortgage Consultants has acquired title search outsourcer String Real Estate Information Services as part of ongoing efforts to support all the services secondary-market clients need to conduct trades.

Arch Capital Group named Michael Schmeiser president and CEO of its U.S. mortgage insurance business as the former head moved up the corporate ladder.

As the Seattle-area real estate market has slowed over the past year, it's clear things have gotten better for buyers of the region's priciest homes. But people looking for anything resembling affordable housing haven't had the same luck.

The number of homes sold in Marin County, Calif., in January dipped 5.4% to 141 over the 149 homes sold in January 2018, according to CoreLogic.

Whether through greater investments in technology and talent, or streamlining back-end processes to improve the decision-making process, mortgage servicers are doing more to prioritize borrowers. Here's a look at seven of these borrower-focused initiatives and how they're reshaping mortgage servicing.

The Mortgage Bankers Association, National Association of Realtors and 26 other groups warned the agency not to pursue steps reducing the scope of Fannie Mae and Freddie Mac that could upset the mortgage market.

The conventional market recaptured a lot of the first-time homebuyers it lost during the financial crisis, but service members instead have increasingly stuck with loans insured by the Department of Veterans Affairs.

Arch Capital’s next offering of credit risk transfer notes features heavy exposure to residential mortgages that have been modified by Fannie Mae or Freddie Mac.

Rises in the amount of low down payment loans and private mortgage insurance due to tight affordability led to the most first-time homebuyers since 2006, according to Genworth Mortgage Insurance.