Mortgages

The 30-year fixed rate mortgage was at its lowest level since early February as the benchmark 10-year Treasury dropped under 4%.

But the business unit of Intercontinental Exchange lost money on an operating basis for the eighth time in the last nine quarters.

The index of contract signings from the National Association of Realtors increased 4.8% to 74.3 in June, reflecting increases in all four major regions, the group said Wednesday.

While the REIT still seeks to grow servicing, it's been willing to sell for the right price as it responds to new rate-related risks and opportunities.

The parent company of Newrez saw mortgage segment profits of over $200 million and the successful close of its merger with Specialized Loan Servicing in the second quarter.

Both purchase and refinance applications dropped, with borrowers potentially holding out for lower mortgage rates later this year, according to the Mortgage Bankers Association.

The lender denied its software uses artificial intelligence in fighting a 'digital redlining' case.

Higher interest rates over the spring applied some downward pressure on prices, which still managed to grow by over 4% in the first five months of the year, according to the S&P CoreLogic Case-Shiller Index.

Michigan-based University Bancorp is paying $30 million for a 50.5% stake in a business Voxtur acquired for $101 million in 2022.

Changes to the regulatory regime surrounding the Federal Home Loan banks should be carefully calibrated so as to do no damage to their successful support for housing and the provision of liquidity to members.

Nearly all of the business came from home purchases, but reflecting the decline in mortgage volume and a revived Federal Housing Administration offering, fewer people overall used the product.

Election speculation about policy change at Fannie Mae has boosted its stock slightly this year. It's also profitable, but there's much more to consider.

In the top city, 27.43% of mortgages were offered to Gen Xers.

Kroll Bond Ratings Agency offers some preliminary guidance on examining newly available, historical data that may aid stakeholders in a credit score transition.

The credit scoring agency will provide an education curriculum to a leading minority trade group, aimed at helping mortgage professionals learn more about financial wellness and help their potential clients attain homeownership.

As Treasuries advance for a third-straight month, investors are fully pricing in at least two quarter-point rate reductions this year, slightly more than what policymakers have telegraphed.

Catch up on the housing and mortgage industry issues pushing to the forefront of the 2024 election — and how each campaign is responding.

The lawsuit's conclusion ends fights by the rivals to depose each other's senior leaders.

The second quarter for the subsidiary of Waterstone Financial posted its highest net income since the same period in 2022, while its volume was the most in seven quarters.

As the vice president gathers support from the Democratic party in hopes of securing the nomination, attention has turned to her policies, some of which aim to boost affordable supply.