Mortgages

The government must continue to provide support for the mortgage market in any new housing finance system, Treasury Secretary Steven Mnuchin said Tuesday.

The only thing that might be colder than Toronto in January is the city's housing market.

Commissioners Court is considering slowing the growth of the Harris County, Texas, budget as officials continue to grapple with Hurricane Harvey's widespread destruction and potential impact on property tax revenues.

Michael DeVito, who was named Wells Fargo's interim head of home lending after the bank fired consumer lending head Franklin Codel, is now officially leading the residential mortgage unit.

Lenders need to be aware of a possible investor backlash as critical defects found in closed loans increased in frequency as the shift continued to a purchase market.

Home prices in 20 U.S. cities increased in November by the most in more than three years, underscoring a lingering scarcity of housing inventory.

If you see a Bay Area home sale listing, don't blink. You'll miss it.

Home prices were higher and supply tighter last year in the Albany, N.Y., region, but real estate brokers are waiting to see what impact federal tax changes will have in 2018.

Warehouse lines of credit are getting more expensive as short-term interest rates rise, and lenders have limited options for reducing their costs.

Compliance is a significant cost center for mortgage lenders. But with bulk rates, technology and better process management, some lenders have found new ways to reduce the burden.

From government grants to automating branch management tasks, lenders are using their knowledge of real estate, finance, and government incentives to maximize the resources they invest in facilities.

Mortgage lead generation costs are notoriously variable and tough to control, especially when lenders are trying to save money with origination call centers.

The acting head of the Consumer Financial Protection Bureau can utilize "look-backs" of mortgage servicing and underwriting rules to push for significant changes.

A larger standard deduction could help renters become homeowners faster, and builders' lower taxes could expand inventory that competes with single-family rentals, according to Fannie Mae Chief Economist Doug Duncan.

The U.S. Department of Agriculture's Rural Housing Service is piloting a new construction-to-permanent loan program after a previous venture in 2016 to spur construction lending in rural areas failed to attract many participants.

After 67 months of consecutive home price appreciation, home prices hit a new peak at $283,000 in November 2017, according to Black Knight's Home Price Index.

Credit score damage is a chief regret among consumers, but among financial goals it impedes, buying a home lies further down the food chain than other priorities.

Borrowers with a problem during the mortgage origination process likely had multiple issues with their lender and a high percentage of those consumers felt the glitch was not resolved.

With compensation accounting for 80% of the cost to originate a mortgage, lenders are developing new strategies to attract and retain top talent, while keeping wage expenses in check.

Miami is one of the nation's staunchest and most enthusiastic cryptocurrency hubs, and proponents of Bitcoin argue that cryptocurrency is a perfect fit for real estate.