Mortgages

It took an average of 50 days to close a residential mortgage loan in January, an increase of four days since new regulations took effect, according to Ellie Mae.

Markets in the Sun Belt and California are expected to have the best conditions for the sale of multifamily properties this year, according to Ten-X.

Millennials are on the verge of becoming the largest cohort of homebuyers. If lenders want to gain and retain their trust, they must start by recruiting a younger, more diverse and gender-balanced workforce.

Mortgage applications rose last week, with refinancings surpassing 64% of all applications, according to the Mortgage Bankers Association.

Mortgage delinquency levels fell about 30% last year, even as borrowers received more credit, according to TransUnion.

Real estate and rental marketplace Zillow is rolling out a new national ad campaign helmed in part by an Academy Award-winning filmmaker.

New-home construction unexpectedly cooled in January, indicating there is a limit to how much gains in residential real estate will boost growth at the start of 2016.

Home equity portfolios have shrunk at banks, but credit unions and nonbank lenders like loanDepot helped fuel the surge in home equity lines last year.

Waterstone Mortgage Corp. has introduced a zero-down, 7/1 adjustable-rate mortgage with a 20-year amortization.

There is concern that a decline in condo pricing could create loan problems similar to those that cropped up before the financial crisis. Bankers in the area, however, believe foreign investors would take the biggest hit.

National Mortgage News readers share their views on the most pressing mortgage and housing topics of the month. Comments are excerpted from reader response sections of NationalMortgageNews.com articles and our social media platforms.

The cost of capital and regulatory compliance has convinced the top four banks that making home loans to American families is not worth the risk.

Confidence among homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015.

Low borrowing costs and rising home values are just two of several reasons why owning a home is far less burdensome than it was a decade ago.

Caliber Home Loans has named former CitiMortgage head Sanjiv Das as its next chief executive.

Investors continue to demand additional yield for exposure to defaults on loans insured by the Fannie Mae.

These nine credit unions will implement Intuvo's mortgage automated marketing platform.

Fannie and Freddie have been selling pools of delinquent mortgages at auction to the highest bidders. Community groups say the Federal Housing Finance Agency should be giving preferential treatment to nonprofits and community development financial institutions.

American International Group is expanding bets on property lending and safe fixed-income securities after hedge funds investments soured.

Despite the outcry prompted by lenders' commercials during Super Bowl 50, customer satisfaction surveys indicate borrowers are more than ready for the ease and convenience of digital options.