Mortgages

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.

Mortgage professional hiring and new job appointments for the week ending June 26.

Trading space for place with micro-housing could be a promising solution to compounding homeownership woes.

Home equity line of credit delinquencies and net charge-offs have not increased as expected, largely due to the beneficial impact of improving home prices and steadier economic conditions, according to a report from Fitch Ratings.

Westcor Land Title Insurance in Maitland, Fla., has opened its first New York office as it looks to expand in the market for commercial underwriting.

Jeff McGuiness has exited the CEO position at Lenders One to become the chief sales officer for Embrace Home Loans.

Mortgage-fraud risk appears to have normalized, as the overall rate of fraud declined in 2014 and there has been a shift to specific fraud types on the local level, according to Interthinx.

The New York City borough of Manhattan is the least affordable place for consumers making a low down payment to buy a home, according to a new report by housing and property data firm RealtyTrac of Irvine, Calif.

Mortgage rates barely budged from a week ago, even though reports have shown that the housing market is on the rebound with interest rates expected to rise.

A greater share of millennials say they're likely to buy a home this year, adding to evidence that first-time buyers are finally entering the real estate market and fueling a jump in sales.

Altisource Portfolio Solutions has upgraded its sell-it-yourself real estate platform, Owners.com, and will offer a rebate to buyers who purchase a home through the site.

Citigroup said Jonathan Larsen will add oversight of U.S. consumer banking and mortgages to his role as global head of retail banking, the first major management changes announced under new consumer chief Stephen Bird.

The default law firm Fisher Law Group in Upper Marlboro, Md., has been sold to a California investment firm.

Operations staff is at the tricky crossroads of managing and changing the business. To remain competitive and compliant, lenders must make additional training and networking opportunities available for that team.

Homeownership rates have dropped to historic lows, while at the same time the cost to rent homes has risen sharply, according to a new report from Harvard University's Joint Center for Housing Studies.

Two groups representing small and mid-size lenders say new proposed state mortgage servicing standards for nonbanks will add an unnecessary layer of regulatory burden, especially for firms servicing Fannie Mae and Freddie Mac loans.

The Consumer Financial Protection Bureau's new mortgage integrated disclosure rules will now take effect Saturday, Oct. 3, two days later than the previously rescheduled Oct. 1 deadline.

Home prices rose 1.2% in April, from the previous month, in the largest seasonal gain since 2005, according to FNC.

Bankers and commercial real estate developers are protesting new restrictions on construction lending, arguing they are poised to hurt credit availability and drive loans into risky, unregulated sectors.

The rate of mortgages delinquent for at least 30 days rose 4% in May from the previous month, according to Black Knight Financial Services.