Mortgages

Applications for new-home purchases increased by nearly a third in January compared to the month prior, according to the Mortgage Bankers Association.

Radian Group, of Philadelphia, had an explosively strong fourth quarter in 2014 thanks to a reduction of its risk profile as a result of the pending sale of its financial guaranty unit.

Mayor Mike Duggan said that he is working with major investors to create a home-lending program to make it easier for Detroit homeowners to get mortgage-type loans to buy houses.

As home sales posted another gain in January, several other housing indicators suggested Houston's real estate market is cooling, an anticipated event in light of low oil prices and a growing roster of energy companies announcing layoffs.

After backing off for a while, banks ramped up the pressure on delinquent Nevada homeowners last month, seizing more homes and starting the foreclosure process on more people, a new report shows.

Mortgage rates jumped from a 20-month low as the job market gained momentum.

Cherry Hill Mortgage Investment in Moorestown, N.J., has agreed to acquire Aurora Financial in Marlton, N.J.

Bank of America is laying off 250 mortgage and technology workers in Charlotte as the No. 2 U.S. bank continues to reduce its portfolio of bad loans.

Citi has formed a digital marketing alliance with online real estate marketplace Zillow in a bid to reach more customers in the financial services company's priority cities, the company announced Feb. 10.

Mortgage document preparation vendor International Document Services has named its first chief executive.

Inviting first time home buyers to bring a family member or friend to the application appointment creates a greater sense of trust and security and could lead to more business.

GOP lawmakers on Wednesday harshly criticized the Federal Housing Administration's recent move to lower insurance premiums, saying it violates the law and will be used to entice borrowers into predatory loans.

Genworth Financial's private mortgage insurance business was a rare bright spot for a company that overall, lost $1.2 billion during the fourth quarter.

One of the most widely discussed ideas at ABS Vegas for boosting issuance of private-label residential mortgage securitization involves hiring a third party to monitor the quality of the collateral.

The first multiborrower single-family rental securitization is on its way, and it could be just the beginning.

Sporting a black eye he got while playing basketball, CFPB Director Richard Cordray opened up to credit union executives about another dust-up — the decision to ease qualified mortgage restrictions for small and rural lenders.

Home-price growth accelerated in much of the U.S. in the fourth quarter as low mortgage rates and improving employment spurred demand.

The Qualified Mortgage rule, as well as increased scrutiny and more frequent auditing by regulatory agencies, has required lenders to embrace quality control to a far greater degree.

Charlotte-area home sales rose 8.8% in January from the same month last year, and the region is showing signs of a "solid" seller's market that will probably last through the spring.

Nearly 3,000 apartments, a record, are expected to join downtown Chicago's rental marketplace this year, including some with rents as breathtaking as their views.