Mortgages

Bankers in St. Louis weren't surprised when mortgage data released this summer showed a drop in loans made between 2017 and 2018.

NewDay USA, a lender specializing in loans to veterans and military service members, is addressing rate-driven increases in refinancing by hiring more than 100 workers who are new to the business.

Consumer confidence in the housing market remains relatively strong, but economic uncertainty is testing its resiliency, according to Fannie Mae.

Quicken Loans is now able to perform an electronic mortgage closing in all 50 states, claiming to be the first lender to have this capability.

A Rochester, N.Y., developer who faces federal mortgage fraud charges connected to apartments in Buffalo and other cities has pushed back the sale of a significant part of his real estate portfolio until later this month.

The Chateau Hotel and Conference Center in Bloomington, Ill., is under new ownership after a judge agreed to enter a foreclosure judgment.

Vista Equity Partners is considering the potential sale of a stake in Finastra in a deal that could value the financial technology company at more than $10 billion including debt, people familiar with the matter said.

August's median price of single-family homes sold in Santa Cruz County, Calif., dropped to $877,000, according to Gary Gangnes of Real Options Realty, who tracks the numbers.

Miami-Dade's housing affordability crisis is so dire, it now poses as much of a threat to the region as sea level rise, according to Florida International University's Jorge M. Perez Metropolitan Center.

Fannie Mae is cracking down on homebuyer education requirements, particularly for first-time homebuyers and purchasers utilizing high loan-to-value mortgages.

Allowing the mortgage giants to retain profits resolves a short-term capital shortfall, but how much capital they would need after exiting conservatorship is still the bigger question.

London's luxury housing market is flush with buyers, but prices keep on falling.

With housing affordability still a prominent hurdle to homeownership, prospective buyers — especially millennials — now get creative in order to find suitable homes, according to Chase and the Property Brothers.

Millennial homeowners and renters are more likely to stay in their home for a shorter period of time than similar aged people of previous generations, according to Zillow.

Employment estimates for nonbank mortgage companies rose to a 2019 high as lower rates spurred consumer demand in August, but higher rates in September could mean future numbers will be weaker.

The median price for houses sold across Santa Fe County, N.M., was $462,000 in the third quarter, a 10.3% increase over the same period last year, the Santa Fe Association of Realtors reported.

If your home is in walking distance to a Staten Island Railway station you can likely get at least a 9% — and up to a 34% — higher price for your house than other residences in the borough, according to a new study.

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

The majority of first-time homebuyers participating in a recent survey preferred online or phone interactions when receiving counseling that is a prerequisite for some loan programs.

Real estate economists' outlook for single-family housing starts through 2021 weakened compared with six months ago even though they are relatively bullish on the economy, an Urban Land Institute survey found.