Mortgages

Older Americans' growing propensity to stay in one place as they age may be keeping nearly 15% more homes off the market than in the past, according to Freddie Mac.

Fourth-quarter increases in Fannie Mae and Freddie Mac mortgage origination volume helped Walker & Dunlop reach a new quarterly high in revenue of $215 million.

Genworth's U.S. mortgage insurance unit's adjusted operating income increased over the previous year as the lower corporate tax rate and lower loss ratio overcame a 9% reduction in new insurance written.

Mortgage applications decreased 2.5% from one week earlier, even as interest rates fell to their lowest levels in 10 months, according to the Mortgage Bankers Association.

The pace of Colorado Springs-area homebuilding is off to a slow start in 2019.

If you live in a three-bedroom apartment that rents for $1,400 per month or less in the Minneapolis-St. Paul area, consider yourself lucky. That's affordable housing, whether it's subsidized or not, and it's running out.

After the State of the Union speech Tuesday night, members of the House and Senate banking committees said they were intent on trying to address the biggest unresolved piece of financial services policy: housing finance reform.

Recent developments give the impression that the administration and lawmakers are in direct competition, but the ultimate framework may rely on coordination from both branches of government.

A top official at the Office of the Superintendent of Financial Institutions defended tougher underwriting rules blamed recently for a slump in the nation’s housing market, but left open the possibility that regulations could ease if conditions change.

Mortgage growth has shrunk to a 17-year low in Canada, increasing pressure on the country's big banks to find business elsewhere.

A significant percentage of consumers are willing to turn to technology companies for their financial needs, including applying for a mortgage, although they have trust issues with them, a Fannie Mae report said.

Inventory deficiency and affordability issues kept sales down and hampered home price growth, according to CoreLogic.

As Huntington Beach prepares for a lengthy battle with the state of California over its affordable housing goals, the city of Pismo Beach is preparing for a battle of its own as it tries to attract more low-income housing to the traditionally wealthy area.

Nearly a quarter of Denver-area residents looking for a home on Redfin.com are conducting their searches outside the metro area, and Seattle continues to provoke the most yearning.

Absent some policy change, nearly a third of the loans backed by Fannie Mae and Freddie Mac could be in violation of the Consumer Financial Protection Bureau's Qualified Mortgage rule in two years.

Despite the release of Senate Banking Committee Chairman Mike Crapo's outline of a government-sponsored enterprise reform plan, most policy changes will likely come from the White House, and may even materialize this year, said Keefe, Bruyette & Woods.

The number of homeowners participating in an expanding down payment assistance program offered by Wells Fargo and NeighborWorks could top 20,000 this year.

Popular TV shows about house fixers and flippers have sparked consumer interest in remodeling, creating an opportunity for lenders to build a specialty in renovation loans while traditional mortgage lending is weak.

Better credit quality and the influx of refinancing during the low interest rates of the last few years pushed mortgage performance to the highest levels since the turn of the century, according to Black Knight.

As policymakers consider administrative reforms to Fannie and Freddie, they must address the problem of capital arbitrage to avoid overleveraging the mortgage system.