Mortgages

Sales of single-family homes and condominiums on Oahu tanked in May as owners and buyers elected to practice social distancing.

The FHFA’s proposal is intended to strengthen Fannie Mae and Freddie Mac, but many experts warn that it could boost guarantee fees for lenders that they say may be passed on to borrowers.

The number of loans going into coronavirus-related forbearance slowed to a rate of 7 basis points between May 25 and May 31, according to the Mortgage Bankers Association.

After bottoming out at a 10-year low in April, consumer sentiment for home buying rebounded in May, according to Fannie Mae.

About 9% of government-insured loans in forbearance have low equity, which could hamper post-forbearance servicing.

A house in Cornwall, N.Y., goes on the market and has eight buyers check it out in one day. Two promptly offer the full price of $305,000, which the winning bidder later upped to $340,000.

Framework Homeownership CEO Danielle Samalin helped support consumer organizations after the housing bubble burst. Now she’s using that experience to help borrowers and homebuyers navigate new challenges.

When the coronavirus pandemic began in earnest in March, the Las Vegas real estate market was able to hold steady, thanks in part to an abundance of sales already in the pipeline.

Former Comptroller of the Currency Joseph Otting landed a post with Black Knight, which provides technology solutions to mortgage and real estate companies.

With the impacts of the coronavirus in full bore, housing market experts predict home prices to fall in 2020.

After months of hiding out from the coronavirus, North Texas homebuyers are heading out to hunt for properties.

A $740 million jury verdict against Amrock was thrown out by a Texas appeals court that said tech firm HouseCanary failed to prove the big title insurer stole its trade secrets to build a competing real estate analysis tool.

But there was an increase in private-label mortgages in forbearance.

Nonbank mortgage hiring inched down when overall employment plunged in April. The subsequent recovery in overall jobs suggests the housing-finance industry is still bearing up well despite coronavirus-related strain.

But unless lenders make fundamental shifts in how they use this technology, change isn't going to happen.

Eager buyers and reluctant sellers pushed Bay Area homes prices higher again in April, fueling quick sales and a robust market despite coronavirus restrictions.

Virginia's housing market has demonstrated greater resiliency than many housing markets across the country even though home sales have slowed across much of the state as a result of COVID-19.

Houston-area home closings surged last week for the first time since the start of the coronavirus pandemic.

Mortgage industry hiring and new job appointments for the week ending June 5.

One criticism of the CARES Act is that it provides relief only to borrowers with government-backed loans. Bills in New York and California would cover the remaining 30% of homeowners.