Mortgages

Gateway Mortgage's owners are acquiring the majority interest in Farmers Exchange Bank and will merge the lender into the Cherokee, Okla.-based depository.

Quicken Loans subsidiary One Reverse Mortgage is rolling out a private-label alternative to the Federal Housing Administration's Home Equity Conversion Mortgage that offers higher loan limits and more flexible underwriting terms.

Home price appreciation is preventing consumers from entering the housing market, forcing an accelerated number of potential homeowners to rent.

Redwood Trust's net income was down 30% from the prior quarter as mortgage banking activities earnings fell by 60%.

Mortgage applications declined for the fourth consecutive week as interest rates remained at high levels.

Dallas-area home prices are up by less than the national average in another new housing report.

The House Financial Services Committee has scheduled an FHFA oversight hearing for September in the wake of waste, fraud and abuse allegations.

The average sales price for an existing single-family home in Southern Nevada in July was $290,000, an 11% increase from $260,000 in July 2017.

The mortgage giants Fannie Mae and Freddie Mac would have to draw as much as $78 billion in the event of a serious economic crisis, according to stress test results released Tuesday by the housing regulator.

The biggest impact may be to focus the administration’s efforts on selecting a nominee to succeed Director Mel Watt, whose term ends in January.

Banks aren’t the only ones that need to keep pace with digital innovation — government agencies must also work to stay relevant.

Xome, a company Washington Mutual successor WMIH Corp. obtained when it bought Nationstar, has appointed a new CEO who previously was part of Genesis Capital's C suite.

Mortgage credit accessibility kept climbing in July, mostly thanks to an expansion of jumbo loan products offered, pushing that index to its historical high point, according to the Mortgage Bankers Association.

The priciest house for sale in the Tampa Bay, Fla., area could soon become its biggest foreclosure.

Growth in home prices continued wearing down affordability at the start of the season, preventing first-time buyers from entering the housing market.

Consumer optimism about purchasing a home continued to fade in July, as low inventory, rising prices and higher interest rates are affecting their market perception, Fannie Mae said.

Metro Denver's housing market normally softens as the summer wears on, but this year it is cooling faster than normal.

Zillow Group is moving from being a mortgage marketer to originating loans with its acquisition of Mortgage Lenders of America, in an effort to support its home-flipping business.

The company is marketing another $550 million of bonds backed by MSRs; proceeds will be used to repay the remaining $500 million of notes issued last year at wider spreads.

From Washington to Baltimore, here's a look at the 12 best housing markets for homebuyer purchasing power, where median house values and mortgage rates are more favorable.