Mortgages

Royal Bank of Canada executives said they plan to start originating more mortgages in the United States, and they indicated that they may ditch the City National Bank brand.

The homeowner who filed the suit claims he now owes over $160,000 in fees on a second mortgage, which was discharged in 2007.

Uncertainty is ruling the markets that are used to set mortgage rates and as a result, they remained in the same tight range since the start of the month.

Rising pessimism about how the Trump Administration is handling the economy in its early days is spreading into the housing market, a Clever RE survey found.

Here's what mortgage professionals should know about Rocket's rebranding, its $1.75B play for Redfin, dropped CFPB lawsuit and more.

The company turned to automation to address pain points it found in working with lines of credit that mortgage lenders are increasingly originating.

FHFA director Pulte called these programs inappropriate for regulated entities, which are in government conservatorship, but said others are still able to offer them.

The Federal Housing Finance Agency found the practice aimed at selling more real-estate owned homes to occupants had downsides, according to a recent order.

Government-backed lending drove an increase in purchase mortgages for a second straight week, even as interest rates failed to drive refinance activity.

Self-directed IRAs and non-recourse loans open doors to real estate investing without the restrictions of traditional financing.