Mortgages

Continuing housing problems and increasing economic inequality are bringing illness to low-income neighborhoods. To solve the problem, policymakers and financial industry leaders need to develop programs that address the intersecting issues of health and poverty.

Borrowers must have other factors such as housing counseling, stronger credit histories, or lower debt to income ratios to qualify for new low-down-payment loans, said FHFA Director Mel Watt.

Make certain your loan officers do not go off on their own and cause your company to be disciplined by regulators.

Hilltop Holdings in Dallas has disclosed that its mortgage unit is under federal investigation in connection with underwriting practices for loans backed by the Federal Housing Administration.

Impac Mortgage Holdings lost $1.2 million this past quarter as total revenue declined by $4.6 million from the same period in 2013.

TRI Pointe has launched a new platform that is meant to provide homebuyers with end-to-end support throughout the closing process.

Essent Group, a mortgage insurance company based in Radnor, Pa., reported higher third-quarter profits, due to a surge in revenue from premiums.

JPMorgan Chase said it's on track to eliminate 3,000 more jobs this year than previously forecast in its mortgage and credit-card divisions.

Redwood Trust Inc., the specialist in jumbo mortgages, said it entered into a risk-sharing deal with government-backed Fannie Mae on smaller home loans.

Photos from the 15th Annual Mortgage Technology Awards Ceremony in Las Vegas

PennyMac Mortgage Investment Trust and its sister company, PennyMac Financial Services, reported a rise in quarterly profits.

BlackRock, the world's biggest money manager, and private-equity firm KKR & Co. have gained a majority stake in Home Partners of America, a single-family rental company backed by Lew Ranieri.

Narayan Bharadwaj, the former general manager and head of mortgage technology vendor Wipro Gallagher Solutions, will serve as president and chief operating officer of the newly created professional services division of document preparation vendor DocuTech.

Lack of diversity in the sales force is one of several nagging issues underlying mortgage lenders' concerns about tepid home sales.

Mortgage rates increased for the second consecutive week, according to data released Thursday by Freddie Mac.

We can't really talk about the millennial buyer until we talk about the baby boomer seller.

Genworth Financial Inc. posted a third-quarter loss of $844 million, driven by costs tied to its long-term care insurance operation.

Freddie Mac will return $2.8 billion to the Treasury Department next month, bringing its total payments to about $20 billion above what it got in aid after the 2008 credit crisis.

The move comes as the FHFA seeks to curtail advances to mortgage REITs and tighten FHLB membership rules.

PHH Corp. reported higher third-quarter profits compared to last year, driven by gains from the sale of its fleet management business.