Mortgages

The share of refinance loans in the market bounced back slightly in July, according to Ellie Mae's latest monthly report.

Auto, personal and credit card originations have fallen as delinquencies have risen, but researchers called the slowdown a temporary rebalancing by lenders.

Western Bancorp, a wholesale mortgage originator, was acquired by Eli Global, a privately held investment company. Terms of the deal were not disclosed.

Recent data from an analytic company shows that Staten Island, N.Y., home values have increased dramatically over a 35-year period while income rates have not seen the same hike.

Mortgage application volume was practically flat when compared with one week earlier, according to the Mortgage Bankers Association.

Maui's housing market in July had fewer sales but at higher prices, according to the Realtors Association of Maui.

Housing starts faltered in July on an abrupt slowdown in apartment construction and a modest decline in single-family homebuilding that shows the industry will do little to spur the economy.

Sentiment among American homebuilders unexpectedly increased to a three-month high as builders saw greater prospects for industry demand despite elevated material costs and shortages of labor and lots.

Defaults on second-lien mortgages have crept up on a year-to-year and a consecutive-month basis; and first-lien defaults are above where they were the previous month, but still below year-ago levels.

A Lexington, Ky., man was sentenced Monday to five months in prison for conspiracy to commit wire fraud and making false statements to a federal agency after he was paid for home appraisals he didn't do.

Home prices and sales in the core Orlando market were down in July from the month before during what is usually the peak summer buying season.

Blighted, abandoned properties in Hornell, N.Y., are not only in-check, according to officials, but they're declining at a rapid pace.

The winning bids at Saturday's annual Niagara County tax foreclosure auction totaled more than $1 million.

Despite rising home prices and a market where many older homeowners are loath to sell, home equity line of credit lending remains muted in all but one corner of the industry: credit unions.

MFA Financial Inc. co-CEO William Gorin died Aug. 10 after a long illness. He was 59.

Redwood Trust is raising $225 million in a debt offering with the proceeds to be used to repay borrowings that come due next year.

Housing affordability dipped as rising home prices offset a quarter-point drop in mortgage interest rates.

Normally among the hottest times of the year to buy or sell a house, July came up tepid in metropolitan Milwaukee.

Home prices rose to all-time high levels in each of the last two months in the Buffalo Niagara, N.Y., region.

The mortgage market is transforming at breakneck pace, with bank and nonbank mortgage lenders investing heavily in digitizing their process, improving the customer experience, and speeding time to close.