Mortgages

Supporters of an unreleased bill to revamp the housing finance system say the plan strikes a middle ground that can gain support from both sides of the aisle.

Frost Bank announced in October that it would be vacating the high-rise building bearing its name on North Carancahua Street in Corpus Christi.

Sales of previously owned homes fell in December for the first time in four months, as the market struggles with record-low supply and rising prices.

Purchase loan applications were at their highest level in nearly eight years because of rising interest rates, according to the Mortgage Bankers Association.

Pennsylvania will soon start accepting applications for new servicing licenses added to address the growth of nondepositories, joining other states with similar authority.

While the majority of lenders feel mortgage industry data initiatives have been valuable, their cost is clouding some originators' viewpoint, a Fannie Mae survey found.

In the 10-county Columbus area, foreclosure documents were filed on 4,697 properties last year, down from 6,719 the previous year.

Last year ended with house prices up 6.7% percent in Los Angeles and Orange counties and rising 7.5% in the Inland Empire as a drop in listings continued to push prices upward, the California Association of Realtors reported.

LoanDepot Inc., a mortgage lender basing its growth around digital applications, isn't giving up on humans' role in the home-buying process just yet.

The credit union service organization now serves almost 200 CUs across the continental United States.

The West maintained its lead with the country's highest overall growth rate, though there may be signs that it is faltering.

Flagstar Bancorp swung to a fourth-quarter loss as the company took an $80 million noncash charge to earnings because of the tax reform bill.

Loans late by 90 days or more are increasingly concentrated in parts of Florida, Georgia and southeast Texas as fallout from the storms continues to weigh on the market.

Anchorage home values declined slightly on average in 2017 — a reflection of a dip in the housing market — but it's too soon to say how that will impact individual taxes, according to the city assessor's office.

The worst of the residential foreclosure crisis may be in Connecticut's rearview mirror, but a recent report still ranks the state high among all states for homeowners with troubled mortgages.

The Blackstone affiliate is cashing out over $200 million of home price appreciation in the process, resulting in a loan-to-value ratio that is unchanged from the original Colony American Homes transactions.

The agency is winning praise for changes in how loans are evaluated for defects, which could cut down on the risk of enforcement actions.

The Illinois company reported strong loan growth, an wider net interest margin and a one-time net tax benefit of nearly $8 million tied to recently passed tax reform.

Foreclosure rates in Pima County, Ariz., last year dropped to their lowest level since the start of the housing crash.

Home remodeling activity reached a high not seen since 2001, signaling homeowners are either gearing up to sell their properties or committing to staying put for a bit longer.