Mortgages

While employment typically ebbs as home buying slows in the fall, several nonbanks have ambitious hiring plans in the works, which call for them to add thousands of workers by year-end.

Today there are 1 million fewer Americans in forbearance than there were at the peak in May, according to Black Knight.

Broward had the most home sales in August compared to its neighboring South Florida counties.

The mortgage industry comes together to address current issues and prepare for a post-COVID marketplace Sept. 14 to 17.

Leslie DeLuca has been a real estate agent in Monterey County, Calif., for 20 years and thought she'd seen every fluctuation of the market.

Mortgage industry hiring and new job appointments for the week ending Sept. 4.

The technology company arrived at this percentage by mapping federally declared disaster areas to the projects it helps lenders manage.

Home purchase power increased by almost 7% annually in July as mortgage rates were at or near record lows.

Home and sales in metro Denver dropped by nearly a fifth in August from a record-setting July, but not because buyers pulled back. They had half as many homes to choose from this year than a year ago.

Mortgage rates remained relatively flat this week, as yields for the benchmark 10-year Treasury spiked at the start of the period before dropping, according to Freddie Mac.

Nearly half of the second-quarter volume came from its existing customers.

Northeastern Minnesota home sales have been on a tear this summer despite a relative scarcity of listings.

The agency’s plan to extend the "qualified mortgage" stamp of approval to more loans could help lenders that rely on alternative data and cushion the blow of other QM changes for Fannie Mae and Freddie Mac.

Mr. Cooper plans to hire an additional 2,000 employees by the end of this year as record low interest rates spur home purchases and mortgage refinancings.

But federal elections and the pandemic make projections on the sustainability of industry profitability especially tricky.

The pandemic drives home the point that without those funds being siphoned off, the recent fee hikes would not be necessary.

Inconsistent loan processing was a pain point for Remax's Motto Mortgage franchisees and the acquisition should solve that, executives said.

U.K. house prices increased by the most in 16 years in August after a tax cut stoked post-lockdown demand, but the revival could prove-short-lived as the government begins to withdraw its pandemic support.

The lightning-ignited Hennessey Fire destroyed 254 single-family homes in Napa County, Calif., making it one of the most destructive in county history, Cal Fire reported.