Mortgages

Mortgage technology is rapidly advancing, with incumbents and new entrants scrambling to take advantage of developments in artificial intelligence and automation. The goal? Beat the customer expectations set by Amazon and Uber, not just other lenders, says KPMG Managing Director Teresa Blake.

By honing her ability to fix inefficiencies and identify new profit opportunities, Mary Ann McGarry broke down gender barriers and found success as CEO of Guild Mortgage. The key, she says, is remaining adaptable and collaborative without losing focus on end goals.

The single-family rental market could benefit from more consistent loan terms and expanded secondary mortgage market opportunities, Freddie Mac found in a preliminary test of expanded involvement in the sector.

Freddie Mac issued its first non-low-income housing tax credit forward commitment, providing financing for an affordable housing development in Minnesota.

The cost of Wells Fargo's scandals continues to rise as regulators from all 50 states forced the institution to pay hundreds of millions in penalties for the creation of fake accounts, improper enrollment in life insurance, force-placed auto insurance policies and other activities.

Baton Rouge-area home sales were 13.8% lower in November than the year before because of large sales drops in Ascension and East Baton Rouge parishes.

Southern California home sales fell sharply in November, deepening a retreat from a sustained housing boom that placed home ownership out of reach for many.

Contract signings to purchase previously owned homes unexpectedly fell for a second month in November, offering yet another sign that the housing market is struggling.

Mortgage industry hiring and new job appointments for the week ending Dec. 28.

After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform.

Mortgage application fraud risk continued growing for the fifth consecutive month, and the recent California wildfires are partly to blame, according to First American Financial Corp.

As mortgage rates fall alongside the stock market back to their low levels of the summer, home sales could ultimately benefit, according to Freddie Mac.

Liquidity, products and pricing are the main concerns for the secondary mortgage market in 2019.

As the mortgage industry braces for even more market uncertainty in 2019, emerging technologies that improve the borrower experience and streamline back-office tasks may provide a glimmer of hope to beleaguered lenders.

The mortgage industry heads into 2019 with little relief from the market strains of the past three years. To succeed — or at least survive — lenders must confront major questions about demand, affordability and market consolidation.

When it comes to reversing their crisis-era bond buying, central bankers are focused on the destination. Traders in risk assets care more about what could be a painful journey.

Home prices in 20 U.S. cities slowed in October for a seventh consecutive month, extending the longest streak since 2014, a sign of waning demand amid higher mortgage rates and elevated property values.

Central Ohio home sales inched up in November, ending a three-month skid, according to figures released by the Columbus Realtors trade group.

The industry could see a boost in mortgage lending from regulatory changes, but other factors may slow growth.

Some parts of Chicago that historically have seen a pattern of disinvestment are experiencing a significant uptick in housing prices, as a strong economy attracts investors to more areas.