Mortgages

Southern California's house hunters must move 23% faster this year to find a residence to buy.

Mortgage rates reached their highest level since July and are closing in on 4%, according to Freddie Mac.

Radian Group reported third-quarter net income of $65 million after taking $57.8 million in pretax charges — $12 million of which is related to the Clayton Holdings restructuring.

A gauge of contract signings to purchase previously owned homes was unchanged in September at the lowest level since the start of 2016 as Hurricane Irma depressed sales in the Southeast and a limited number of listings restrained activity elsewhere.

Most secondary market outlets, along with the non-qualified mortgage lenders, remain reluctant to lend to legal cannabis workers because of the source and nature of their compensation, but opportunities are beginning to emerge.

The Worcester City Council has asked the city administration to identify affordable housing that might exist for people resettling here from hurricane-battered Puerto Rico and the U.S. Virgin Islands.

A tightening job market and relatively low interest rates along with the inventory shortage means there is a slight probability that home prices will decline in the next two years.

Days after revealing he was in full remission from cancer, David H. Stevens said he is retiring as president and CEO of the Mortgage Bankers Association.

Purchases of new homes unexpectedly surged in September to the highest level in a decade as activity accelerated in the South after Hurricanes Harvey and Irma.

Mortgage applications decreased 4.6% from one week earlier because of higher rates for conforming and government loans, according to the Mortgage Bankers Association.

The Federal Housing Administration has extended waivers on timelines for disaster-related re-inspections to properties in Puerto Rico affected by Hurricane Maria as well as other properties impacted by California wildfires.

Walter Investment Management Corp. was supposed to prosper by snapping up mortgage cast-offs from big banks at fire-sale prices. Instead, Walter is belatedly joining the list of companies burned by the U.S. housing crisis.