Mortgages

A booming housing market coupled with low interest rates helped M/I Homes report record results for 2019.

Mortgage application volume increased 5%, led by refinancings, as interest rates continued to fall on fears that the coronavirus was spreading in China and elsewhere, according to the Mortgage Bankers Association.

Home sellers came off the sidelines in January and showed buyers they were ready to play ball.

While down from the year before, December's housing value appreciation kept churning and should climb in 2020 to a new all-time high, according to CoreLogic.

The California Consumer Privacy Act is here, but many mortgage lenders still don't know what that means for them.

Mortgage refinancings made up slightly under one-third of MGIC Investment Corp.'s new insurance written during the fourth quarter, contributing a significant percentage of its business.

Australia's property revival is spreading across the country with prices now rising in every major city.

After the 2017 October fires in Sonoma County, Calif., prices inflated in 2018 as the destruction strongly stoked demand for homes. Last year, the housing market cooled and balanced itself.

The Spokane, Wash., real estate market remains extremely tight and active, with relatively few houses available, high demand and rising home prices mirroring national trends.

The city's decision to drop a lawsuit alleging predatory ending by Wells Fargo, JPMorgan Chase, Bank of America and Citigroup highlights the challenges municipalities face in taking on deep-pocketed financial institutions.

Now that the Consumer Financial Protection Bureau says it will scrap an unpopular standard for so-called qualified mortgages, the big question is what will take its place.

The regulator said the investment bank and financial services company will help in the process of strengthening Fannie Mae and Freddie Mac’s capital standing for their eventual exit from conservatorship.

With steady home price appreciation and falling interest rates, by some measures the shares of distressed mortgages existing in the market shrunk to record lows, according to Black Knight.

Default rates for prime jumbo mortgages will increase, but a strong economy and rising home prices will bail most borrowers and lenders out, Moody's said.

The prevention of wire fraud and cybercrime being perpetrated against the mortgage business is the latest passion for Regina Lowrie, longtime industry executive and the first woman to head up the Mortgage Bankers Association.

For people in their 20s and 30s, New Hampshire's home prices are rising as fast as their concerns over affording a place to live.

Negotiations went to the brink of a foreclosure trial for a Bradenton, Fla., mall, before a settlement was reached between the owners and the lender.

Home prices were up 3.9% annually in the San Diego metropolitan area in November, outpacing all other West Coast markets, the S&P CoreLogic Case-Shiller Indices reported.

Home sales were up in all three of the Greensboro-High Point, N.C., metropolitan area's counties of Guilford, Randolph and Rockingham.

After maintaining a $250,000 exemption threshold for real estate appraisals for nearly 20 years, the National Credit Union Administration is set to raise that limit to $400,000.