Mortgages

Under a joint order, lenders still have to document the value of properties in storm-affected regions, but they will not have to depend on appraisers.

Mortgage defaults keep rising and are getting much nearer to where they were in 2016 as damage from natural disasters continues to add to slight upward pressure on credit.

Fannie Mae used last year's Home Mortgage Disclosure Act data to increase its origination projections for both 2017 and 2018 even as its overall economic outlook remained unchanged from September.

A six-lane highway lined with strip malls cuts through a patchwork of tamed lawns and suburban houses in Delran, N.J., where population has sprouted rapidly in recent decades.

Maui condominium sales and prices surged in September as home buyers pursued more affordable housing options.

Competition between fintech, marketplace and traditional mortgage lenders often focuses on borrower-facing automation and other technology. What gets overlooked is how differences in their funding sources create another area of competition.

A rebound in homebuilders' confidence to a five-month high indicates concern over fallout from major hurricanes has been alleviated, according to data from the National Association of Home Builders/Wells Fargo.

With the housing crisis and the Great Recession well in the rear-view mirror, more and more credit unions are offering mortgage options with low or no down payment requirements.

Quicken Loans will begin closing mortgages using electronic promissory notes, marking a critical operational shift for the tech-savvy lender.

Sens. Dean Heller and Catherine Cortez Masto of Nevada called on mortgage industry leaders to provide relief and financial assistance to victims of the Oct. 1 mass shooting at the Route 91 Harvest Festival in Las Vegas.

Fintech and marketplace lender LendingHome is getting more than $450 million in investment and funding from different channels to help support mortgage production growth and technology improvements.

Entrepreneurs like LendingHome's Matt Humphrey are upending mortgage finance with tactics borrowed from fintech, marketplace lending and the traditional mortgage playbook.

Ginnie Mae and the Department of Veterans Affairs have described in more detail the VA loan refinancing practices they will crack down on to eliminate a long-running churning concern.

The destruction of scores of houses and apartments in the North Bay fires virtually guarantees that the affordable housing crisis in Marin County, Calif., is about to get even worse.

Rising home prices, wages that haven't kept pace with those increases and high levels of student debt are forcing first-time home buyers on Long Island, N.Y., to find creative ways to afford the biggest purchase of their lives.

The latest version of Ellie Mae's Encompass loan origination system includes new features for Home Mortgage Disclosure Act compliance and digital mortgages.

Hurricanes Harvey and Irma affected new-home sales in Texas and Florida, resulting in a 7.5% year-over-year decline in mortgage applications to purchase these properties in September.

Recently exposed security vulnerabilities in an Equifax tool used extensively in the mortgage industry are raising new questions about the reliability and veracity of the beleaguered credit bureau's employment verification service.

California faces a different set of housing challenges from other U.S. areas that are reeling from recent natural disasters.

Bank of America set aside $100 million in its reserves for representation and warranty claims ahead of a pending settlement to resolve legacy mortgage issues.