Mortgages

Northeast Ohio home sales rose by 1.6% last year, as buyers braved tight inventory and rising prices to purchase 766 more houses and condominiums than they did during 2016.

December was a strong month for the Greater Pittsburgh housing market, according to the year-end Remax National Housing Report .

Groundbreaking on new homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade.

Given the improving U.S. economy, mortgage rates will probably not fall back under the 4% mark anytime soon.

Loan defaults associated with the three late summer hurricanes could have a more immediate effect on MGIC Investment Corp.'s secondary market capital cushion than proposed changes by Fannie Mae and Freddie Mac.

FHFA Director Mel Watt said Fannie Mae and Freddie Mac should be reincorporated as private entities and the government must provide an explicit guarantee for catastrophic losses in the secondary mortgage market.

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting.

Sentiment among America's homebuilders eased in January to the second-highest level since 2005, a sign the housing market will continue to make strides this year.

Fueled by a rush for housing after wildfires burned thousands of homes, a record amount of money changed hands in the Sonoma County, Calif., real estate market at the end of 2017.

A shortage of Orlando houses on the market — particularly in affordable price ranges — is a concern for the region's leading industry group.

The percentage of refinances grew to 40% of all closed loans in December, according to Ellie Mae.

Even as mortgage rates rose to their highest level since March, application activity increased from one week earlier, according to the Mortgage Bankers Association.

Bank of America's mortgage banking business reported a loss for the fourth quarter driven largely by representations and warrants provisions.

Default rates in second mortgages and bank cards rose notably in December, suggesting consumers are having trouble managing increased spending.

From San Francisco to Dallas, here's a look at the 10 top housing markets where homes sell above the asking price.

The New York bank has begun marketing Marcus loans as a way to pay for home improvements, while also raising the maximum loan size to $40,000.

Citigroup's fourth-quarter residential mortgage banking revenue was 22% lower from the previous year because the company sold the vast majority of its servicing rights.

The weighted average FICO credit scores of securitized reperforming loans are deteriorating a little, according to a DBRS study of the bonds.

Sales of existing homes rose slightly in December, helping the metro Milwaukee housing market to its best performance in 12 years.

The final results are in, and the Buffalo Niagara housing market set what appear to be records for highest prices and lowest inventory of homes for sale last year, as the robust activity continued all year long.