Mortgages

First American Corp. had a second-quarter profit of $102.1 million as the title insurer's pretax margin of 13.7% was its best ever.

Home prices rose 5.6% in May from a year earlier as buyers competed for a scarcity of listings, the Federal Housing Finance Agency said in a report.

Thanks to lower interest rates and higher job growth, the market for existing-home sales is performing very close to its potential, according to First American Financial Corp.

Mortgage rates ticked up slightly across the board as the bond market settled from its post-Brexit volatility, but they remained near their historic lows, according to Freddie Mac.

Sales of previously owned homes unexpectedly climbed in June to the highest level in more than nine years, giving a boost to residential real estate as it approached the end of its busy selling season.

Wintrust Financial in Rosemont, Ill., reported strong momentum from mortgage growth and acquisitions.

HUD reverses course and decides to investigate findings by the Inspector General that some DPA programs don't comply with FHA rules.

FNF Group, the title insurance business of Fidelity National Financial Inc., had net earnings of $187 million for the second quarter, up from $160 million last year.

The Consumer Financial Protection Bureau's fifth anniversary marks an important shift for the agency in which it pivots from rules required by the Dodd-Frank Act to pursuing other areas.

Property valuation firm LRES will now offer commercial evaluations as a result of its March acquisition of InsideValuation.

Fannie Mae has priced its Connecticut Avenue Securities, the series 2016-C04, at tighter spreads to its previous deal, completed in April.

Purchase originations reached their highest share of the total number of loans closed in almost two years, according to Ellie Mae.

There were patterns of racial disparities in mortgage originations in the St. Louis, Milwaukee and Minneapolis metropolitan statistical areas, according to the National Community Reinvestment Coalition.

A private flood insurance bill passed by the House is making Fannie Mae and Freddie Mac uneasy because they fear it could lead to greater losses, according to a recent report by the Government Accountability Office.

Mortgage applications decreased 1.3% from one week earlier as rates on conforming and jumbo mortgages increased by five basis points, according to the Mortgage Bankers Association.

The Federal Housing Administration released lender guidance spelling out the circumstances under which it will insure mortgages on properties encumbered by Property Assessed Clean Energy liens similar to tax assessments.

Karl "Chip" Case, the co-creator of the S&P/Case-Shiller Index of home prices, has died at 69.

The value of owning a home has never been greater, at least according to one figure buried in a monthly Commerce Department report.

MGIC Investment Corp. earned $109 million in the second quarter, as an income tax provision for the period cut into net income.

Mortgage origination volume is now expected to grow in 2016 versus the prior year, according to Fannie Mae.