Mortgages

The same story is playing out, over and over: People are flocking to the Bay Area for high-skilled, highly paid jobs, while cashiers and teachers are, increasingly, saying goodbye to a place they no longer can afford.

Four out of five Franklin County, Ohio, homes that changed hands this year sold above the county auditor's estimated value, in some cases for two or three times as much.

Mortgage industry hiring and new job appointments for the week ending May 4.

Fannie Mae's first-quarter profits were enough for it to rebuild its minimum capital buffer and pay the Treasury Department dividend after being forced to take a draw during the previous fiscal period.

As the number of equity rich properties falls from its peak, the volume of seriously underwater properties saw its smallest annual decline, according to Attom Data Solutions.

Los Angeles County and Inland Empire home prices grew at the fastest pace in three years in March, yet another sign that the local housing market is maintaining its punch for a seventh consecutive year.

Mortgage rates dipped slightly over the past week as yields on the 10-year Treasury retreated after breaking the 3% barrier, according to Freddie Mac.

The next Baltimore County executive will be responsible for fulfilling a promise made by the current one: Enticing developers to build 1,000 homes for low-income families.

As the mortgage industry makes more strides with technology, the time it took millennials to close loans for new-home purchases shrank to its fastest time yet.

Despite having a qualified candidate ready to serve, Senate leadership on both sides of the aisle have ignored their responsibility to vote on Brian Montgomery's nomination as Federal Housing Administration commissioner.

Ocwen Financial Corp. got back in the black during the first quarter after selling New Residential Investment Corp. $110 million in economic rights to mortgage servicing.

In its latest effort to reach first time home buyers, Freddie Mac is launching a new 3% down payment program that casts aside a number of restrictions in its existing low down payment offerings.

Arch Capital Group's mortgage insurance subsidiary slipped to No. 2 in market share just five quarters after completing the acquisition of former No. 1 United Guaranty Corp.

Rising interest rates contributed to a 2.5% decrease in mortgage application activity, which fell for the fourth straight week.

The median sale prices for single-family homes and condominiums in Connecticut rose significantly in March, even as the number of sales in both categories decreased.

The number of residential and commercial properties that fell into foreclosure in Colorado Springs and surrounding communities totaled 79 last month, a roughly 20% drop from April 2017.

Canada's big banks don't seem keen to follow Toronto-Dominion Bank's lead on mortgage hikes – at least not all the way.

If Freddie Mac's credit-risk transfer activities continue to grow, mortgage lenders could eventually see a reduction in the guarantee fees they pay to the government-sponsored enterprise, according to CEO Donald Layton.

Canada's mortgage growth has fallen to the lowest in nearly two decades as interest rates rise and after new mortgage rules took effect at the start of the year.

A Texas lawyer pleaded guilty to his role in an elaborate $5 million mortgage fraud scheme involving pricey beach homes, according to the U.S. Attorney's Office in Houston.