Mortgages

Saying he was fed up co-existing with town officials, the owner of a 1750s-era house on Main Street in Rowley, Mass., has put the home and the 6.8 acres it sits on up for sale and is encouraging developers to build affordable housing there.

FHFA Director Mel Watt said Fannie Mae and Freddie Mac cannot use alternative credit models until other issues are resolved first.

Insurers are seeing modest gains in market share as banks, facing increased scrutiny from regulators, lightly tap the brakes.

Radian Group posted a net loss of $27.3 million on charges associated with the planned restructuring of its underperforming mortgage and real estate services unit.

A bipartisan duo of lawmakers is set Tuesday to introduce a bill designed to increase homeownership opportunities for “credit invisible” consumers.

Fiserv has acquired the assets of PCLender, a mortgage loan origination system vendor based in Reno, Nev.

Freddie Mac is on track to double the number of low down payment mortgages it will buy in 2017, while continuing to see its serious delinquency rate fall to record lows.

Garden State Home Loans has launched a 1% down payment program for first-time buyers, opening the door for millennial purchasers.

The Marin County, Calif., median price tag for all homes sold in June hit $1.08 million — a 13.7% rise from a year earlier.

The U.S. homeownership rate remains slightly above a post-crisis low it set during the second quarter of last year.

Old Republic International Corp. is again making noise about bringing its mortgage insurance subsidiary back to active status, while separating it out from the holding company.

The cheapest housing markets aren't always the most affordable cities for first-time home buyers and existing homeowners. Here's a look at 12 cities with low home prices, but where other factors put a damper on purchasing power.

CoreLogic will fully integrate its 4506-T income verification product in August with Fannie Mae's Desktop Underwriter platform to provide Day 1 Certainty service.

A rebound in contract signings for the purchase of previously owned homes shows housing demand is stabilizing after a three-month downturn, according to the National Association of Realtors.

Loan application defects increased for the seventh consecutive month in June, due to the highly competitive purchase market, according to First American Financial Corp.

Freddie Mac has set a November implementation date for its plan to tighten restrictions on seller-funded down payments.

The run-up in expenses involved in making a home loan is one of the trends limiting new construction, says Fannie Mae Chief Economist Doug Duncan.

Dustin Hoffman has notched a victory in his legal fight over a $3-million investment he made with Jeffrey Yohai, a real estate developer who is the son-in-law of Paul Manafort, the former chairman of Donald Trump's presidential campaign.

Three California men who previously operated Star Reliable Mortgage were ordered to pay $1.1 million in restitution and are facing multiyear prison terms related to a foreclosure rescue scheme.