Mortgages

On his 1.5-acre lot near Kincaid Park in Anchorage, Chris Herman wanted to build a detached garage with an apartment on top, as a future home for his aging parents.

Mortgage industry hiring and new job appointments for the week ending June 29.

The U.S. Supreme Court agreed to decide whether thousands of borrowers can invoke a federal debt-collection law when they are facing foreclosure.

Bank of America allows foreclosed houses in black and Hispanic neighborhoods to fall into disrepair even as it studiously maintains bank-owned homes in white areas, housing activists allege.

Mortgage rates declined over the past week as worried investors increased their purchases of 10-year Treasuries, according to Freddie Mac.

While purchase mortgages account for a growing share of overall volume, industrywide investments in more automated and efficient underwriting processes have helped lower instances of fraud.

Fannie Mae and Freddie Mac are making condominium loans eligible for automated appraisal waivers that could reduce mortgage borrowers' fees and shorten closing times for lenders.

Instead of shrinking the GSEs, the housing regulator is letting them expand into a host of new products and programs.

The good news for Miami homeowners: If you're thinking of selling your house, you're set to make a nice profit over your purchase price.

The Dallas housing market gets top marks in a new consumer study by JPMorgan Chase.

Lauren Hedvat, Angel Oak's managing director of capital markets, said that the rising non-qualified mortgage volume in the market has expanded the number of third-party origination loan packages for purchase.

At a new luxury-condo building in Brooklyn, one buyer told broker Ryan Serhant that she'd like three apartments — one for herself to live in, and two as investments to rent out.

The Democratic congresswoman said the department under Secretary Ben Carson has turned "its back on its mission."

An index of contract signings to purchase previously owned homes unexpectedly declined for a second month in May, reflecting a persistent shortage of available homes.

The Trump administration's plan to end the conservatorship of Fannie Mae and Freddie Mac marked its first effort to solve a problem left over from the financial crisis, but ultimately raised more questions than it answered.

Commerce Home Mortgage and its parent company, The Capital Corps, are acquiring LoanStar Home Loans as a move to expand access to capital throughout the Northwest and Texas.

Mortgage applications fell by nearly 5% last week as concerns over foreign trade and tariffs outweighed other positive economic news, according to the Mortgage Bankers Association.

Impac Mortgage Holdings will sell up to $600 million of non-qualified mortgage loans to Starwood Property Trust over the next 12 months that will be securitized.

Total home sales are down in Rockford, Ill., but the average sale price has increased, Rockford Area Realtors reported.

Most mortgage lenders and banks do not maintain a comprehensive vendor management strategy, exposing institutions to increased compliance risk, according to a recent survey.