Mortgages

The median down payment for single-family homes purchased with financing has reached a new high in the third quarter, according to Attom Data Solutions.

The tech boom that Mayor Ed Lee embraced ensured that the man who began his career fighting for poor tenants ended up presiding over a city known for some of the nation's most unaffordable housing and pervasive homelessness.

It was like a scene from the pre-oil-bust housing boom: A steady stream of prospective buyers trekked through an open house last Saturday in a family neighborhood in northwest Houston. Their cars were parked up and down the block.

The mortgage market had already priced the Federal Open Market Committee's 25-basis-point hike into its rates so there was little change, according to Freddie Mac.

A $300 million, interest-only first mortgage that the REIT obtained from Wells Fargo this month is being used as collateral for a transaction called WFCM 2017-SMP.

The Southern California wildfires are causing additional inventory shortages in what is already a tight housing market, Redfin said.

The Obama administration had tried to ease restrictions on the Federal Housing Administration's condominium program, but the agency under President Trump is seen as moving more aggressively.

The share of new refinance mortgage applications reached its highest point since January, but overall activity fell compared with the previous week, according to the Mortgage Bankers Association.

Supply constraints tempered real estate and title professionals' outlook for the home purchase market over the next year, according to First American Financial Corp.'s fourth quarter Real Estate Sentiment Index.

Freddie Mac is broadening its capital markets vehicles with its first offering of participation certificate securities backed by multifamily tax exempt loans.

The House Financial Services Committee, by a vote of 60-0, approved a bill amending key provisions of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.

A Milwaukee landlord who continued to buy foreclosed properties at auction after being sanctioned, must pay $64,550 in municipal court fines that he has been effectively dodging as far back as 2009, a Wisconsin Court of Appeals judge ordered.

The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.

November sales of existing homes rose more than 5% in metro Milwaukee, even amid a continuing shortage of houses on the market.

Two months after the October wildfires leveled more than 3,000 homes in Santa Rosa, Calif., "For Sale" signs are popping on vacant lots in Coffey Park and other fire-ravaged neighborhoods

Home sales in metro Toledo, Ohio, in November rose 2% over the same month a year ago, but home sale prices fell, according to a report released by the Toledo Regional Association of Realtors.

A lower Manhattan office building that serves as the headquarters of the New York Department of Financial Services is the largest loan in a $891 million CMBS from UBS.

The long-running slide in mortgage payments 60 or more days past due will continue next year, and perhaps even longer as borrowers benefit from favorable economic conditions.

Secretary of the Commonwealth William F. Galvin has charged a Milton, Mass., man with using a fraudulent house-flipping scheme to convince friends and investors to lend him money that he then used on restaurants, hotels and groceries.

Baltimore-area home sales and prices continued to climb in November as the inventory of available homes sunk to a 10-year low.