Mortgages

Central Texas new-home construction surged to an 11-year high in the third quarter, the latest numbers show.

Mid America Mortgage will sponsor the Richard Petty Motorsports No. 43 NASCAR team to promote the speed of Click n' Close, its new digital mortgage rival to Quicken Loans' Rocket Mortgage.

James Bennison, head of alternative capital markets at Arch Capital Group, says that a new insurance-linked security helps with regulatory capital requirements and provides information that can help the company to better manage risk.

Pricey U.S. housing markets, from the New York suburbs to California's coastal cities, could take a direct hit under the tax-reform bill released by House Republicans.

From Secretary Carson easing lending concerns to Fannie Mae announcing its expansion of Day 1 Certainty, here's a look at seven things we learned at the 2017 MBA Annual.

Growth in loans with higher debt-to-income ratios is reviving focus on a regulatory exemption for Fannie Mae, Freddie Mac and other federal agencies that back mortgages.

A House Republican tax proposal that infuriated housing groups and sent homebuilder stocks sliding would only have a modest impact on the market for new homes and could end up being a net positive for the industry, according to Keefe, Bruyette & Woods analysts.

Nonbank mortgage employment took its biggest drop since January following the recent hurricanes, according to the Bureau of Labor Statistics.

The Lone Star Brewery in San Antonio was supposed to be buzzing with construction workers and equipment by now — after sitting vacant for decades.

Genworth Financial had net income of $107 million because of its U.S. mortgage insurance business, but it is considering a partial sale of the unit if the parent company isn't acquired by next May.

Mortgage industry hiring and new job appointments for the week ending Nov. 3.

Denver's housing market continued to struggle with a frighteningly low number of homes and condos available for sale in October, which helped push up prices and cut into the pace of sales.

Seattle is now a full year into its reign as the hottest housing market in the country, an unusually long surge that doesn't look likely to end anytime soon.

Hopes that tax reform might soften a weakening of the mortgage interest deduction were quickly dashed as the GOP plan landed a double punch on the incentive cherished by the mortgage and housing industries.

Fannie Mae servicers are facing pressure from the recent hurricanes, but so far are bearing up under the strain.

Nationstar Mortgage Holdings posted net income of $7 million for the third quarter, its first under the new Mr. Cooper consumer-facing brand.

As is the case with most communities across Western New York, Lockport has its share of "zombie" properties.

Connecticut was the lone state in the nation in September to see a decline in borrowers misrepresenting facts on mortgage loan applications.

Mortgage rates were unchanged or up slightly this week even as the 10-year Treasury yield retreated from its recent gains, according to Freddie Mac.

Ocwen Financial Corp. lost $6.1 million in the third quarter, as pretax losses from its origination business outweighed any profits generated from the servicing side.