Mortgages

If you're trying to buy a house in Charlotte, buckle up for a rough ride: The inventory shortages and high prices that have plagued buyers for months got worse in July.

The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore.

Stephen Calk, the CEO of The Federal Savings Bank, expedited approval of a mortgage to the onetime Trump campaign chair in hopes of winning a job as Treasury secretary or housing secretary, a former bank employee testified Friday.

National Mortgage News is pleased to announce the Best Mortgage Companies to Work For, a new survey and awards program dedicated to identifying and recognizing the best employers and providing organizations with valuable employee feedback.

Housing market conditions pushed affordability to a 10-year low in the second quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

The Fed's order targets affidavits prepared by employees of CitiFinancial in connection with the company's exiting the mortgage servicing business.

Most mortgage servicers in the state of Washington are about to be more tightly regulated, in line with a broader trend, but smaller master servicers can get a waiver.

From Denver to Pittsburgh, here's a look at the top 10 housing markets where homeowners are taking advantage of home improvement loans.

July's new-home sales were at their highest pace since April, leading to a 3.5% year-over-year increase in mortgage applications to purchase recently constructed homes, the Mortgage Bankers Association said.

Houston home prices rose to another record high as buyers snapped up more properties in July.

A record for Maui home prices has stood for 13 years, and last month it came close to being brushed aside.

Mortgage industry hiring and new job appointments for the week ending Aug. 10.

The gap between equity-rich homeowners and mortgage borrowers who are seriously underwater narrowed in the second quarter, highlighting the uneven nature of the housing market's recovery since the Great Recession.

Sen. Brian Schatz, D-Hawaii, said it is hard to imagine how Wells Fargo's $8 million remediation plan would correct a mistake that led to 400 wrongful foreclosures.

A mortgage fraud scheme involving fake employment records, initially thought to be contained to Southern California, is occurring statewide, Fannie Mae said in a new fraud alert.

Ditech Holding Corp. posted a net loss of $40.5 million in its first full operating quarter since emerging from bankruptcy protection in February.

Mortgage rates took a small step back due to affordability pressure after climbing for the past two weeks, according to Freddie Mac.

Housing affordability has hit a 10-year low throughout most of California, new data show, as three out of four state residents can no longer afford sky-high median homes prices.

Oahu's housing market posted modest median price gains in July but fell a little shy of setting any records.

AmeriHome GMSR Issuer Trust, consists of $155 million of fixed-rate, five-year notes and $500 million of two-year variable funding notes; it is modeled on deals by PennyMac.