Purchase

New American Funding and Alterra Home Loans are partnering on a new loan program using Freddie Mac's low-down-payment Home Possible mortgages.

Home sales in California are beginning to show signs of weakness as a lack of affordable housing begins to weigh on the Golden State's real estate market.

Affordability constraints and a lack of awareness about low-down-payment mortgage options are tempering confidence about buying a home, according to the National Association of Realtors.

Mortgage applications increased 4.2% from one week earlier driven by a boost in purchase activity, according to the Mortgage Bankers Association.

Provident Financial Holdings has restated earnings from its most-recent quarter after it booked higher loan-origination costs.

A slowdown in the upward climb of home prices allowed the housing market as a whole to move more toward buying a home than renting one during the second quarter.

Walter Investment Management Corp. subsidiary Ditech Financial will begin to enroll a number of rejected loan applicants in a new program aimed at helping people qualify for a mortgage.

From gathering information on buildings to complex income and asset profiles of buyers, loan officers in New York have many bases to cover and hurdles to leap. Debra Shultz of Guaranteed Rate makes it look easy.

The average down payment percentage rose 49 basis points for a conventional 30-year fixed-rate mortgage between the first and second quarters, according to LendingTree.

Home purchase lending hit its highest point since 2007 as low interest rates and growing consumer confidence continue to support the housing market.

Homebuilder PulteGroup Inc. said its president, Ryan Marshall, will take over immediately as chief executive officer.

Purchase loans experienced a 52% seasonal increase on a quarterly basis during the second quarter, reaching the highest level both in terms of volume and dollar amount since 2007, according to Black Knight Financial Services.

Home prices rose again year over year in July and are expected to do the same this time next year, according to CoreLogic.

Home prices have returned to their precrisis peaks, but homeownership rates keep on slipping.

Depositories still dominate home lending, but nondepositories' market share is the highest it has been in at least two decades. Here's why.

A surge in new and existing home sales is prompting lenders to increase their payrolls.

The Mortgage Bankers Association has long been a staunch defender of the mortgage interest deduction. But the group's president and CEO now says he's open to Congress reducing, or even eliminating, the tax break.

More homeowners think now is a good time to sell a home than buy one, according to Zillow.

Home purchase applications are at their highest level in almost five years but a level that is still considered weak, according to the Freddie Mac Multi-Indicator Market Index.

The National Association of Realtors is urging policymakers to implement reforms meant to qualify more condominium buyers for Federal Housing Administration loans.