Mortgages

Canadian officials are working to slow a rapid rise in home prices that's being attributed to tight inventory levels in the country's largest cities and is threatening to create a housing bubble.

Statewide home sales hit a record pace during May, edging up from April and besting the previous year's level.

Mortgage industry hiring and new job appointments for the week ending June 23.

The median price of a single-family home in Marin County, Calif., hit a new high in May to $1.25 million.

Casey Anthony's parents are fighting back against a bank trying to foreclose on their home, court records show.

Record prices for new homes amid a sales pickup indicate the supply of houses may be tight at the lower end of the market, pinching first-time buyers.

Home Point Financial Corp. has formed an Institutions Group to bring the correspondent, capital markets and warehouse lending teams under one umbrella.

The billionaire investor agreed to buy shares at a deep discount and provide a fresh credit line for the Canadian mortgage company, tapping a formula he used to prop up lenders from Goldman Sachs to Bank of America.

City commissioners approved a deal Wednesday aimed at turning around two beachside rental homes that have churned out lawlessness and code violations, but the neighbors who have begged for help are worried the trouble isn't going to stop.

The housing market is looking a little top-heavy these days.

In summer 2007, the Los Angeles County median home price hit an all-time high of $550,000. It soon plunged as the housing bubble burst and the national economy crashed.

Homebuyers went on a shopping spree in Miami-Dade in May — and snapped up enough houses to set a new record.

Mortgage delinquencies declined 7% in May compared with April, a partial recovery from the 13% increase of the previous month.

Mortgage rates remained at their 2017 lows as ongoing economic uncertainty is affecting loan pricing, according to Freddie Mac.

Nationstar Mortgage has returned its overseas call center operations to the U.S., a move that will add 500 jobs at the company.

American International Group is accessing the securitized market through a Credit Suisse deal backed by loans that were generally originated less than a year after TRID.

The Financial Choice Act contains many positive reforms for community banks, but a provision affording benefits for holding loans on balance sheet poses risk for small lenders.

The purchase mortgage share increased 15 percentage points in the first five months of 2017 to 68% of all closed loans in May, according to Ellie Mae.

A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market.

Apartments in Albuquerque are in high demand as occupancy rates remain strong and rent continues to climb.