Mortgages

Financial data and analytics company FinLocker has gained the approval of a second patent supporting its digital vault functionality.

Thanks to low mortgage rates, homes in most metros are actually more affordable today than they were in 1990.

If GSE reform leads to the 30-year mortgage's demise, homebuyers' monthly payments could soar by $400, according to a recent Zillow estimate. But lenders aren't convinced this housing finance staple is in any danger of being replaced.

North Texas home sales rose 10% in February from a year earlier, an increase that came even with higher mortgage costs and record home prices.

Essent Guaranty is marketing $360.75 million of notes linked to the performance of a pool of residential mortgages that it insures; its following in the footsteps of Arch Capital.

Crossroads Systems Inc. has relaunched with the acquisition of a community development financial institution focused on the Hispanic mortgage market.

Employment in the nonbank mortgage lender and brokerage sector is falling in the face of rising interest rates and the limited supply of homes for sale.

The Federal Agricultural Mortgage Corp. reported significant gains in new business volume, but also realized a big jump in 90-day delinquencies.

Connecticut's housing market in January had a split personality, with median single-family home prices increasing by 3.4% even as the number of homes sold fell by 3.7%.

Chicago-based mortgage lender Guaranteed Rate has laid off about 180 employees around the country — including about 30 in Chicago — after the amount of new mortgage loans the company funded dipped in 2017.

Mortgage industry hiring and new job appointments for the week ending March 9.

The Trump administration's new tariffs on imported steel and aluminum may raise prices on a variety of consumer and commercial products, but will only put minimal strain on the housing industry.

Over 40% of the collateral is from two 2016-vintage transactions that were recently "collapsed" because proceeds from liquidations had slowed. Then there's the exposure to Puerto Rico.

The Consumer Financial Protection Bureau finalized a rule on Thursday that gives mortgage servicers more latitude in sending periodic statements to borrowers in bankruptcy.

House flipping activity is at an 11-year high, prompting lending for these projects to soar 27%, according to Attom Data Solutions. And with most flippers still using cash, the trend has room to grow.

Bay Area residents already face some of the highest housing prices in the country.

Mortgage rates increased for the ninth consecutive week, moving in reaction to bond and stock market volatility.

Loan program revisions made by one large conventional mortgage investor led to a decrease in total residential home finance credit availability in February.

A Senate proposal calling for a federal guarantee on mortgage-backed securities would only benefit the largest banks and increase the risk of bailouts.

Home sales in the Las Vegas area slowed in February because of the shrinking supply of properties, according to an industry report.