Mortgages

Independent mortgage banks started 2020 strong after three quarters of high profits, according to the Mortgage Bankers Association.

The policy comes more than a month after a different agency issued similar guidance for loans backed by Fannie Mae and Freddie Mac.

Australia has announced a A$688 million ($476 million) stimulus package aimed at bolstering the housing construction industry, as the coronavirus-hit economy heads for its first recession in 29 years.

The Consumer Financial Protection Bureau seeks to address challenged posed by the sunset of the London interbank offered rate at the end of 2021.

The company's planned two-week halt on originations turned into more than two months on hiatus because of coronavirus-related market disruptions.

Homebuilding in San Diego County nearly doubled from last year in the first quarter of 2020 despite COVID-19 closures.

Mortgage rates increased slightly this week as indicators point to an economic revival, including increased home sales activity, according to Freddie Mac.

Metro Denver's housing market bounced back in May, with new listings and pending sales rebounding after stay-at-home orders lifted, according to the Denver Metro Association of Realtors.

Nine years of annual home price gains are expected to come to an end by next April, according to CoreLogic, although prices in Southern California are projected to continue rising.

Self-service portals fielded at least half of coronavirus-related forbearance-plan requests and made it possible to handle an influx at a challenging time, but the GSEs recommend circling back to borrowers.

The new FHFA rule sets a percentage-based threshold to measure compliance, rather than Home Mortgage Disclosure Act data.

Millennial refinance activity hit a new high-water mark behind historically low mortgage rates, up 40 percentage points from the year before, according to Ellie Mae.

Canada's residential real estate market is bouncing back from coronavirus shutdowns.

The FHFA looks to shed light on the amount of funds Fannie and Freddie will need to hold for their risk-sharing deals.

Purchase mortgage application volume continued its upswing as consumers acted on record low rates, but high unemployment and low inventory could hold home buying activity back in the future, the Mortgage Bankers Association said.

Record lows in housing inventory plummeted even further as the global pandemic spread across Cape Cod over the last two months.

Housing sales across Ohio took a hit during April as the coronavirus pandemic swept the state.

Just like volatility begets volatility, calmness helps support continued calm.

With would-be sellers too spooked to list their homes and would-be buyers held up due to social distancing orders, home price appreciation accelerated in April. And it could continue into the summer.