Mortgages

Xome acquired Assurant's Mortgage Solutions unit one day after its parent company Nationstar was bought by the shell company of the former Washington Mutual.

Mortgage rates rose to their highest level in seven weeks and fourth-highest of 2018, thanks to strong economic trends, according to Freddie Mac.

Houston home prices continued to climb in July, rising to an average of $314,775, but fell $1,688 shy of the all-time record set in June.

Metro Atlanta home prices have climbed 5.6% during the past year, reinforced by a strong economy and a worsening shortage of houses for sale.

Single-family home sales in Connecticut fell in June, though the median price climbed to a five-year high.

The agreement was likely the last of the big cases to be cleared by the Justice Department, and Wells paid less than its peers did to resolve the lingering mortgage probes stemming from the meltdown.

Ten years after faulty mortgages upended the global financial system, Wells Fargo agreed to pay $2.09 billion to settle a U.S. probe into its creation and sale of loans that contributed to the disaster.

Fannie Mae and Freddie Mac remain in conservatorship nearly a decade after the financial crisis, and there’s still no end in sight.

An increase in millennials making home purchases is a call to the mortgage industry for a quicker, more efficient digital process.

Mortgage applications dropped for the third consecutive week around rising interest rates and languid housing starts.

Arch MI U.S. returned to having the No. 1 market share among private mortgage insurers as it increased its new insurance written 15% over the previous year.

Seattle-area home prices led the country again over the peak spring period and grew at their fastest rate since the 2006 bubble, spurred by a spike in home costs in the metro area's least-expensive homes.

Earlier this year the Legislature appropriated $200 million to help finance new affordable rental housing. Now a state-led panel advises that an additional $1 billion should follow over the next decade to further address Hawaii's shortage of affordable apartments.

Freddie Mac produced modest second-quarter results, reflecting a stabilizing business that CEO Donald Layton compared to a utility company.

Loan defect risk rose in only three states and a handful of metropolitan regions in June thanks to the continuing spread of digital mortgage initiatives that improve data quality.

Lawmakers authorized a four-month extension less than a day before the program was set to expire.

The agency said multiple stakeholders had requested more time to evaluate the proposal.

Black Knight reported net earnings of $40 million for the second quarter as adjusted revenue from its servicing and origination software businesses grew by 7% over the previous year.

Distance from work is a big part of the home buying decision, particularly since a quick commute often comes with higher home prices and less space. But the sweet spot in some cities is just 15 minutes away.

The median sale price for existing, single-family homes in Maine increased by 11% in June compared with a year earlier, while the volume of home sales increased by nearly 3%.