Mortgages

Mortgage applications fell 4.7% from a week earlier on a seasonally adjusted basis, according to the Mortgage Bankers Association's weekly survey.

New York City's affordable housing stock will get a boost from Bank of America Corp. and Citigroup Inc. as part of settlements resolving mortgage-bond practices that led to the 2008 financial crisis.

CV Holdings agreed to a new financing arrangement with Tricadia Capital Management to expand its business of acquiring and servicing nonperforming loans.

As negotiations between Greece and its official creditors drag on, more and more Greek homeowners are falling behind on their payments as well, according to Fitch Ratings.

The Federal Housing Administration's new loan defect "taxonomy" may give lenders better clarity on the quality assurance reviews of FHA loans, but it is not a shield from possible enforcement action by the Department of Justice and other regulators.

Citigroup failed one of the monitoring tests performed as part of the national mortgage settlement, according to new reports filed by NMS monitor Joseph A. Smith Jr.

First and second mortgage originations have increased substantially in the first quarter of this year, according to a new report from credit reporting company Equifax.

Shashank Shekhar, CEO of Arcus Lending in San Jose, Calif., uses a strong presence online to attract tech-savvy clients.

Home prices in 20 U.S. cities rose at a slower pace than projected in April, indicating the market was experiencing uneven gains as it entered the busier selling season.

FHFA report shows FHLBs are well capitalized while Fannie and Freddie continue to see improving loan performance.

A California man has been indicted by a federal grand jury for allegedly trying to rig public foreclosure auctions in Northern California between 2008 and 2011.

A New Jersey man has been sentenced to 27 years in prison for scamming vacation-timeshare customers of $3 million.

Mortgage originators willing to help consumers overcome traditional financing hurdles can add more emerging segments of home buyers as clients.

Contracts to purchase previously owned homes rose in May to a nine-year high, indicating recent strength in the real estate industry will be sustained.

Farmers Bank & Trust in Great Bend, Kan., has agreed to sell certain assets of its mortgage division to Prospect Mortgage in Sherman Oaks, Calif.

Home prices rose 1% from March and 4.9% year-over-year in April, according to Black Knight Financial Services.

The U.S. Department of Agriculture's Rural Housing Service is raising the cost of its home-loan guarantees that enable borrowers to purchase homes in certain areas without down payments.

The Supreme Court decision making same-sex marriage legal nationwide could boost mortgage demand as it provides gay and lesbian couples with more financing opportunities and stronger joint property rights.

Several real estate investment trusts have joined Federal Home Loan Banks via their captive insurers; membership gives them a cheap and flexible way to warehouse mortgages, among other things.

The differences in wealth and housing preferences between baby boomers and millennials is changing the residential real estate market, with a shift to rental properties among younger people.