Mortgages

More than half of recent, as well as prospective, first-time homebuyers said purchasing a house was more difficult than it should be, according to a survey for Framework.

Fueled by strong job growth and low mortgage rates, the metro Atlanta housing market last month recorded its biggest jump in home prices since January.

The recent spike in mortgage interest rates reduced home purchase application activity last week, contributing to a 10.1% decline in total activity, according to the Mortgage Bankers Association.

Sales of new homes rebounded at a faster pace than forecast in August as a decline in mortgage rates sparked demand for higher-priced properties.

Most South Florida median home prices continued their inexorable march upward in August, while the number of sales in Broward, Palm Beach and Miami-Dade counties declined year over year.

From its greatest potential to adoption challenges, here’s a look at what attendees at the Digital Mortgage Conference 2019 had to say about artificial intelligence.

While no one is suggesting that the plan will help banks regain the share they've ceded to nonbanks, bankers believe that stabilizing Fannie Mae and Freddie Mac could at least help them keep what they have.

Industry groups are calling on the consumer bureau to eliminate the debt-to-income limit for “qualified mortgages” and provide a short-term extension of special treatment for Fannie- and Freddie-backed loans.

By joining forces, Cloudvirga will integrate its digital mortgage software with Exos' cloud technology to enhance customers' desire for self-service during the transaction.

Business intelligence software from a compensation management technology provider and an auto-fulfillment service for disclosures were among new offerings introduced by companies at Digital Mortgage.

Commercial and multifamily mortgage delinquency rates should stay at historically low levels in the near future even as economic uncertainty over trade affects U.S. businesses, according to the Mortgage Bankers Association.

A mortgage company's dispute with Connecticut over what tasks a licensed loan officer needs to handle points to a potential compliance concern for direct and digital lenders seeking to maximize efficiencies.

Home-price gains in 20 U.S. cities decelerated in July for a 16th straight month, as values proved still too elevated for buyers despite low mortgage rates.

Orange County, Calif., may be on the verge of seeing a gain in home sales for the first time in more than a year, new CoreLogic figures show.

The recapitalization of Fannie Mae and Freddie Mac prior to the 2020 election is unlikely even if the net worth sweep ends, according to a Keefe, Bruyette & Woods report.

Even in the midst of a climate crisis, the Bay Area's skyrocketing housing costs are pushing families into far-flung suburbs like Tracy.

Denmark is about to become a test case for what happens when banks start charging a lot of customers to store their money.

Foreclosure starts dropped to their lowest level in 18 years, and properties foreclosed on but not yet sold fell to a 14-year low in August, according to Black Knight.

It didn't take long. Shortly after Hurricane Dorian damaged countless homes and businesses in the northern Bahamas, real estate investors started calling local agents in search of bargains.

The percentage of Tampa Bay homeowners late on their mortgage payments continues to fall.