Mortgages

The Department of Housing and Urban Development said Friday that an agreement was reached between Fidelity Bank and the Fair Housing Project of North Carolina Legal Aid.

Spiking values for entry-level homes may prevent some first-time homebuyers from entering the housing market this spring, according to Zillow.

Alterra Home Loans more than doubled its mortgage volume but saw its revenue decline. After some post-adoption hiccups, the company is making more money than ever. Other lenders have similar stories.

Blackstone Group, with real estate assets that have surpassed $100 billion, is considering tapping individual investors as it expands its push into owning high-quality buildings with steady income streams.

Mortgage professional hiring and new job appointments for the week ending April 22.

Mortgage loan delinquencies fell to their lowest level recorded since March 2007, according to Black Knight Financial Services.

The Consumer Financial Protection Bureau is expected to finalize its second round of mortgage servicing rules in July, a top agency official said. Laurie Maggiano, a program manager for servicing and secondary markets at the CFPB, also offered insights into the bureau's long-anticipated rulemaking on debt collection.

D.R. Horton Inc., the largest U.S. homebuilder, reported fiscal second-quarter earnings that beat analysts' estimates as it increased sales amid a tight inventory of properties on the market.

As the war for talent heats up and lenders face tougher decisions in recruiting and hiring loan officers, the need to deploy certain tactics might seem appealing, but will ultimately create more problems than they are worth.

Fannie Mae has completed its latest Credit Insurance Risk Transfer transaction, the 10th deal since the program's inception in 2013.

There should be contractual agreements in place between mortgage companies and loan officers that clearly define what, if any, customer information loan officers can bring from former employers to new ones.

Its results were affected by the costs related to shutting the delinquent loan services business.

People's United Financial in Bridgeport, Conn., reported higher first-quarter profits as it increased lending for both commercial and residential real estate.

Rates for the 30-year fixed-rate mortgage rose slightly last week, as recent figures showing an active home-sales market suggest homebuyers are taking advantage of current conditions, according to Freddie Mac.

Home prices rose 0.4% in February from the prior month, according to the Federal Housing Finance Agency, as job growth fueled demand for a scant supply of listings.

Home sellers realized a 17% average gain in price in March, the highest average gain since December 2007, according to RealtyTrac.

Competitive pricing and softening demand at the high end of the apartment- and condo-building market had executives at BankUnited, Signature and New York Community answering tough questions about their growth projections and diversification strategies.

The statute of limitations on private lawsuits against trustees and servicers of housing bubble-era residential mortgage-backed securities could run out in a few years.

The time to close residential mortgage loans continues to drop, falling an average of two days in March from the previous month, Ellie Mae reported.

Total mortgage applications increased last week, due to an increase in refinance applications, according to the Mortgage Bankers Association.