Mortgages

Maine homes have sold at a near-record pace this year through the month of August.

With the mortgage industry inching closer to full digitization, lenders need to strike the right balance of man-versus-machine as borrowers still look to leverage human interaction during the origination process.

Late last year, Santa Rosa residents Julian and Lisa Corwin wrote down on a whiteboard the money they had available to rebuild their home on Vintage Circle destroyed in the October 2017 Tubbs fire.

The most successful mortgage originators will use artificial intelligence and machine learning to enhance and enable their people to have better, more meaningful engagements with customers.

The number of mortgage holders with refinancing potential dropped by 1.5 million as the average long-term rate for home loans continued to rise, according to Black Knight.

Commercial real estate transaction volume rebounded in the second quarter from a poor first three months of 2019, although property price growth plateaued, according to Ten-X Commercial.

Lori Rittel is stuck in her Florida Keys home, living in the wreckage left by Hurricane Irma two years ago, unable to rebuild or repair. Now her best hope for escape is to sell the little white bungalow to the government to knock down.

Still overvalued — that's the latest assessment of the Dallas housing market by one of Wall Street's big ratings firms.

The number of single-family homes sold in the Tampa Bay area during August rose 2.8% when compared with the same month last year, according to Florida Realtors.

Mortgage industry hiring and new job appointments for the week ending Sept. 20.

The proposed reforms of Fannie Mae and Freddie Mac have gotten all the attention, but the administration also wants to scale back the Federal Housing Administration, expand its capital cushion and adopt risk-based pricing. Some of the ideas have former agency officials concerned.

From Manhattan to Denver, here's a look at 12 housing markets with the highest monthly rent, making home buying potentially more attractive to consumers.

The Federal Housing Finance Agency is ending a Freddie Mac pilot that posed a competitive threat to the private market for mortgage servicing rights financing.

The dollar volume of financing to buy fix-and-flip properties increased 31% annually to its highest level since the heights of last decade's real estate boom, according to Attom Data Solutions.

Flagstar Bank expects to recover $1 million of its loan to defunct reverse mortgage lender Live Well Financial following the sale of the collateral that secured it.

Mortgage rates had their largest week-to-week uptick since October 2018 as bond market investors reacted to positive news about the economy, according to Freddie Mac.

Sales of previously owned homes rose in August to the highest in more than a year amid lower borrowing costs and sustained income gains, adding to signs the housing market is breaking out of a slump.

Seven real estate companies are now facing age-discrimination complaints over allegations they used advertisements posted on Facebook to filter out potential clients over a certain age.

The housing market in the Twin Cities metro last month was a little less intense than it was last year at this time, with demand for the least-expensive houses still outpacing more expensive ones.

Self-service technology gives borrowers the control, speed and convenience they desire, while providing lenders with higher origination volume.