Mortgages

Freddie Mac is increasing the number of companies offering merged reports from the credit bureaus through integrations with its Loan Product Advisor automated underwriting system.

Don't believe what you see on the cable shows — home flipping is a tough business.

The move to alter the government's preferred stock purchase agreements is the first major one under FHFA Director Mark Calabria's tenure to wind down the conservatorship of the government-sponsored enterprises.

Prospective Bay Area home buyers abandoned the market in August, as home sales dipped to a nine-year, monthly low despite falling interest rates and more choices.

The switch to a buyer's home purchase market, as well as fewer natural disasters helped drive the five-month-long decline in mortgage application fraud risk, First American said.

The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000.

Neither boom nor bust, the Palm Beach County, Fla., housing market ended the summer selling season with a steady but unspectacular performance.

Economic uncertainty and high housing prices will put a damper on home sales next year, but low mortgage rates will offset that, pushing house prices to all-time highs in 2020, the California Association of Realtors forecast.

Rising demand and plummeting mortgage rates pushed multifamily origination dollar volume above 2017's record to a new peak, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Sept. 27.

The Federal Housing Administration should monitor reverse mortgage servicers more closely and track related data that would shed light on a rise in defaults, according to a Government Accountability Office report.

Rising home prices are likely to constrain affordability for some time to come, with only the current low mortgage interest rate environment softening the blow, Attom Data Solutions said.

Freddie Mac's efforts to improve underwriting could include the use of a technology firm's artificial intelligence-driven consumer-risk modeling software that can expand access to credit, according to the Wall Street Journal.

September has been the most volatile month since March when it comes to 30-year conforming mortgage rates, with average weekly movements of 11 basis points up or down, according to Freddie Mac.

Local and state home sales statistics paint a hot seller's market in New Mexico.

Contract signings to purchase previously owned homes rebounded in August by more than forecast, helped by low mortgage rates and continued household income gains.

Southern California home sales slipped back into reverse in August after recording the first gain in a year the previous month.

Although they still lag behind the rest of the mortgage industry, brokers are embracing advancements in technology in ways that could help build their business.

The recent run of lower interest rates may bode well for today's commercial mortgage-backed securities, unless it's undermined by an increase in leverage, according to Fitch Ratings.

It looks like lower mortgage rates are helping lure Americans who are buying the priciest properties.