Mortgages

Homes sales for October remained strong in the Greater Cincinnati area, but couldn't quite reach levels attained at the same time last year.

Home prices in 20 U.S. cities rose in September by the most in more than three years, indicating resilient demand at a time of persistently scarce inventory, according to S&P CoreLogic Case-Shiller data.

Assurant and its American Title subsidiary are adapting hybrid title and appraisal products used in the home equity market to the first-lien mortgage market on a test basis.

Urban condo living exists in Cleveland, but the supply is small.

HomeStreet's CEO said mortgage expansion and bank acquisitions — concerns highlighted recently by Blue Lion Capital — are helping the company diversify.

Developer confidence in multifamily production weakened in the third quarter to its lowest reading since 2011, according to the National Association of Home Builders.

Florida's home prices increased during September, while in Texas there was a minimal decline from August, a sign the major storms that hit both states had little impact on values.

Purchases of new homes unexpectedly advanced in broad fashion last month, reaching the strongest pace in a decade and offering an encouraging signal for residential construction.

President Trump has tapped Office of Management and Budget Director Mick Mulvaney as interim head of the CFPB. He has taken tough stances on the CFPB, its payday lending rule, housing finance reform and other issues pending before the agency.

Sometimes reaching underserved borrowers takes experimenting with changes to the mortgage finance system. That's why Fannie Mae and Freddie Mac are working with lenders to test innovative loan products that meet borrowers' evolving needs.

When data doesn't tell the whole story about untapped market opportunities, mortgage executives must draw on their personal experiences and local expertise to craft unique strategies to reach new borrowers.

Federal Reserve officials meeting earlier this month saw an interest-rate increase in the near term even as divisions persisted over the policy path forward amid tepid inflation.

The Federal Housing Administration's recent actuarial report has added more fuel to the fire over concerns about reverse mortgages, including their effect on the overall FHA insurance fund and a rise in foreclosures.

Mortgage rates ticked down this week after previously hitting their highest level since July, according to Freddie Mac.

Consumer default rates are up month-to-month, which may reflect a gap between spending and income that is stressing second mortgages and bank cards, Standard & Poor's and Experian find.

Home price appreciation continues to increase at a much higher than normal pace, although the rate of growth has been slowing since the summer.

Mortgage applications rose slightly this week, increasing 0.1% from a week earlier, according to the Mortgage Bankers Association.

A yearlong, $25 million lawsuit filed against Alachua County's property appraiser, tax collector, clerk of the court and a number of their employees has been thrown out by a judge.

When a $40 million round of venture funding fell through at the last minute, digital mortgage broker Sindeo all but shut down this summer. Now recapitalized and rejuvenated, founder and CEO Nick Stamos explains why Sindeo is ready to grow again.

Mortgage closing costs average nearly $4,900 nationwide. But in some states, those fees can reach or exceed five figures. Here's a look at the areas where it costs the most to close a mortgage.