Mortgages

Many originators stopped making riskier products, including jumbo loans and low credit score offerings, during April.

Consumer sentiment for home buying fell to its lowest point since November 2011, according to Fannie Mae.

Sales of existing houses in the Las Vegas area fell more than 30% in April compared to the same month last year, while prices dipped 2.8% from March, according to a new report.

Mortgage rates ticked up slightly this week, but whether consumers are able to take advantage of them for purchases and refinancings depends on who looks at the data.

U.K. house prices may fall 16% because of the economic upheaval caused by the coronavirus, according to a desktop stress test by the Bank of England.

Houston home sales plunged more than 20% in April from year-ago figures as sellers took properties off the market and buyers stayed home through the coronavirus-induced shutdown.

The government-sponsored enterprises have set new temporary limits on mortgage sales while extending processing flexibilities related to COVID-19.

But it is still looking to conserve capital to cover future delinquencies and will likely halt dividends to the parent company.

With mortgage rates plummeting, the refinance share of closed loans from millennial borrowers rose for the third straight month, to the highest level since Ellie Mae began tracking the data in 2016.

A once-in-a-century pandemic, widespread lockdowns and economic woe — none of it was enough to keep Bay Area home prices from going up.

The other parts of the Day 1 Certainty program regarding income and asset verifications remain in effect.

Purchase mortgage activity rose for the third consecutive week, although the total volume was flat compared with the previous seven-day period, according to the Mortgage Bankers Association.

After a March that still showed some signs of normalcy, April was less kind to Tampa Bay's real estate market as the coronavirus pandemic continued to plummet consumer confidence and disrupt the economy in new and dramatic ways.

Some benefits are materializing from Fannie Mae's pledge to limit servicers' exposure to principal-and-interest advances the way Freddie Mac does, but counterparties of both GSEs remain exposed to other concerns.

This stylish home in the Beverly Hills Post Office area was much more famous in the late 2000s, when comedian Ed McMahon lived there and was fighting to keep the house.

But Black Knight and Arch Capital's mortgage insurance business aren't as affected, at least so far.

A surge in demand for home loans drove the increase, but the second quarter could see a slowdown in borrowing and more delinquencies as consumers contend with the economic fallout of the coronavirus pandemic.

Guild Mortgage's presence in Washington state, the epicenter of the first U.S. outbreak, gave it an early glimpse of the obstacles ahead.

Houston real estate agent Tim Surratt decided late last week to hold his first open house since the coronavirus pandemic broke out.

This scenario has been seen before. A sudden shock to the economy. Jobs lost. Lenders in trouble.