Mortgages

Housing regulators should not adopt an alternative credit scoring model until the banking industry is on board.

Two adjoining houses on Sixth Street in Niagara Falls were demolished last week as part of the city's ongoing battle against zombie houses.

The $401.2 million COLT 2018-1 is the eighth overall securitization of non-qualified jumbo mortgages issued by the Lone Star Funds affiliate.

The JPMorgan Chase CEO is rejecting arguments that banks are poised to loosen underwriting standards to win more mortgage business. He said what's needed to encourage banks to make more loans to borrowers with spotty credit files are changes to FHA rules and other policy fixes.

The payments resolve a number of cases that date back to 2011 and were among the largest coordinated U.S. enforcement efforts in the years following the crisis.

Though multifamily housing starts are projected to slightly moderate this year and next, production levels are expected to remain in a steady range considered normal, according to the National Association of Home Builders.

PennyMac Financial Services Inc. is setting up its new mortgage broker channel to target home-buyer and higher-balance loan segments, and eventually become one of the dominant players in the space.

Mortgage industry hiring and new job appointments for the week ending Jan. 12.

JPMorgan Chase reported lower mortgage banking revenue in the fourth quarter as the returns from its servicing business declined from the previous year.

Back in September, a modest ranch house sold in Sunnyvale for $782,000 over its asking price, signaling that the Bay Area housing market was even crazier than it seemed.

Median home sale prices shot up almost 12% in Charlotte in December compared to 2016, as the supply on the market stayed tight and demand remained high.

Guild Mortgage is adding to its Midwestern mortgage origination operations through the acquisition of Cornerstone Mortgage of St. Louis.

Adolfo Marzol, an official at the Department of Housing and Urban Development, is optimistic that technological improvements and other changes can help draw Federal Housing Administration lenders back to the fold.

Here's a look at the top 10 markets where it's more affordable to buy a home than rent a three-bedroom property.

A new report from Zillow projects that the San Jose metropolitan area will be the hottest housing market in the nation in 2018, with home values rising dramatically.

Pittsburgh rents on the listing site Abodo dropped an average of 1.7% a month in 2017, the fourth-largest decrease in the nation.

The average VantageScore last year was higher than it has been since 2007 due to improved hiring and despite stagnant wages that aren't keeping pace with rising debt levels.

Mortgage rates jumped across the board as investors sold some of their Treasury bond holdings, which led to higher yields, according to Freddie Mac.

Loan applications for newly constructed homes slowed on a month-to-month basis in December as the storm-driven spike in volume ended.

Housing finance reform proposals could make it challenging for community banks and credit unions to serve rural mortgage markets, according to a report issued Wednesday by Brookings and the Center for Responsible Lending.