Mortgages

Mortgage borrowers collectively hold more equity in their homes than at any other time on record, but they've been slow to borrow against this newfound wealth, according to Black Knight.

There is now less fraud risk associated with adjustable-rate mortgage applications and this will offset some of the higher hazard associated with a purchase market.

The median price of a Marin home rose to $885,750 in February, an 8.7% increase over the $815,000 median a year earlier.

Central Ohio home sales slipped in February as the number of homes for sale again dropped to record lows.

Last year, Brett Buras and a partner scored big on a flip. They bought a house in Belleair Bluffs for $185,000, spent another $70,000 or so on renovations and sold it for $359,000 — a net profit of $104,000.

Momentum to overhaul the mortgage finance system had been slipping, and with Democrats divided over the Senate's banking relief bill there's virtually no chance more bipartisan deals can be worked out.

From purchase mortgage potential to challenges for loan officer productivity, reverse mortgages offer traditional lenders a mix of risks and rewards.

Banks that scored high in customer-satisfaction ratings did so for their front-line service, not their tech capabilities, a study finds.

Mortgage industry hiring and new job appointments for the week ending March 30.

The annual progress report on the Fannie Mae and Freddie Mac conservatorships reiterated that a new credit score model will likely not be operational until after the implementation of a new Single Security Initiative.

The city is using its blight ordinance to pressure the owner of the Hartford 21 tower to do something with another prominent but deteriorating building near Bushnell Park: the former YMCA building.

Mortgage rates held largely steady for the week, dropping only 1 basis point, according to Freddie Mac.

The investigation targeted 36 residential mortgage-backed securities deals involving $31 billion worth of loans, more than half of which defaulted, according to the Justice Department.

Metro Orlando recently ranked third nationally for its shortage of rentals that are affordable enough for the region's lowest-income residents, a new study shows.

Seattle kicked off 2018 the same way it spent the prior year and a half, as the hottest real estate market in the country, with no slowing down.

Lenders should not get so desperate chasing volume by originating lower credit non-qualified mortgage products that they are inviting the next regulatory crackdown, said David Stevens, the Mortgage Bankers Association's CEO.

One purpose of the Senate bill was for small banks to rein in skyrocketing costs, but some bankers question whether the changes will save them money, and adapting to the reforms may even increase spending.

There is an oncoming liquidity crisis that will force consolidation in the mortgage industry as margins tighten and funding sources dry up.

Lenda, launched in 2014, currently makes mortgages start to finish in two weeks. But it's aiming to make it a process that can be finished on a borrower's lunch break.

After several years of preparation, Fannie Mae and Freddie Mac will start issuing a new, common mortgage-backed security starting June 3, 2019, the Federal Housing Finance Agency said Wednesday.