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The funds the bank promised to spend on consumer relief will instead be used to make new home loans, according to a report by the monitor of its 2017 settlement with the U.S. Justice Department.
February 15 -
The state's tougher oversight has stripped Property Assessed Clean Energy of its go-to project financing status among contractors. That shift may result in adverse selection.
February 15 -
With a growing market share of home sales and wider breadth of services, Redfin posted significant annual revenue gains.
February 15 -
HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.
February 15 -
Refinance volume slipped following growth in mortgage rates, and loans refinanced through the Home Affordable Housing Program barely made a dent in overall volume, according to the Federal Housing Finance Agency.
February 15 -
Mortgage delinquencies in the fourth quarter were at their lowest level in nearly 19 years, helped by wage growth, low household debt and low unemployment, the Mortgage Bankers Association said.
February 15 -
Home sales fell for the third straight month in January, as buyers closed on 362 fewer homes than they did last year at the same time, according to the Houston Association of Realtors.
February 15 -
The year-over-year median home sale price dropped in January for the first time since February 2012 in metro Portland, according to new numbers from the Regional Multiple Listing Service.
February 15 -
Mortgage industry hiring and new job appointments for the week ending Feb. 15.
February 15 -
The government-sponsored enterprises are going through a transition period. From proposals for rebuilding their capital cushions to tackling shortages in affordable housing, Fannie Mae and Freddie Mac face a number of key challenges with wide-ranging consequences this year.
February 14 -
The administration’s choice to regulate the government-sponsored enterprises appeared to distance himself from speculation that the White House may try to overhaul housing finance without legislation.
February 14 -
Amazon.com Inc.'s decision to drop its expansion plans in the Long Island City neighborhood of Queens plunged local real estate brokers into despair — just months after the euphoria that followed the company's announcement that it would open offices there and bring thousands of jobs.
February 14 -
Listings in Washington, D.C., fell 20% in January from a year earlier, marking a third straight month of double-digit declines, according to Zillow.
February 14 -
Women have lower incomes than men, limiting their options when buying a house. But in some of the more pricey housing markets, single female homeowners outpace single male homeowners, which could suggest some tightening in the home value gap, according to Attom Data Solutions.
February 14 -
While the supply of homes still has a ways to go before becoming a buyer's market, incremental steps have taken place, especially on the West Coast, according to Zillow.
February 14 -
Mortgages rates fell to their lowest levels since early 2018, but positive news involving trade and no new shutdown could send them rising again, according to Freddie Mac.
February 14 -
In another sign that the Bay Area housing market is cooling, the number of homes for sale here has spiked — signaling more options for buyers, and potentially lower prices.
February 14 -
Columbus home prices rose 5.1% in the fourth quarter of 2018 compared with the previous year, above the national average of 4%, but below almost all other Ohio metropolitan areas.
February 14 -
From Romeo, Colo., to Valentines, Va., here's a look at closing costs in some of the country's romantically-named cities this Valentine's Day.
February 14 -
The private equity acquisition of the fintech vendor Ellie Mae will give it some breathing room in a declining originations market because it will have a more patient and strategic investor than its myriad shareholders as a public company.
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