Real estate

Wells Fargo, which lost its status as the world's most valuable lender after a scandal in its retail bank, said profit dropped 5.4% as revenue from its mortgage business declined.

Homebuyers in Brooklyn competed for a record-low number of listings in the fourth quarter, driving up prices in the New York borough that's historically been seen as a refuge from Manhattan's high costs.

Housing is not in a bubble even though home prices are unlikely to decline in the next two years, according to a new report from Arch MI.

Homeowners in predominantly black and Hispanic neighborhoods are more likely than their counterparts in predominantly white neighborhoods to be underwater on their mortgages, according to a report from Zillow.

A Trulia analysis of U.S. listings shows that 3.9% of homes that moved from for-sale to pending moved back to for-sale again, nearly double the rate in 2015.

Refinance volume rose among millennial borrowers in November, reflecting a nationwide trend, according to Ellie Mae.

Through Motto Mortgage, Remax is looking to give its smaller franchisees the same ability to offer one-stop shopping to homebuyers as larger operators, in a way that will not raise red flags for regulators.

Mortgage brokers and their wholesale partners have seen a slow increase in their market share since the start of the housing recovery. Remax's Motto Mortgage franchise business could accelerate growth faster than the channel's advocates hope for.

The national foreclosure inventory fell by 30% year over year in November, according to CoreLogic.

The Federal Housing Administration said it would cut the annual premium by 25 basis points starting on Jan. 27, giving President-elect Donald Trump a limited window to delay or scrap the cut.

Americans' desire to be homebuyers decreased for the fifth consecutive month in December as interest rates continued their post-election climb, according to Fannie Mae.

The number of homeowners underwater on their mortgage continues to shrink as the amount of tappable home equity grows, according to Black Knight Financial Services.

Nashville, Tenn., tops the list of the hottest housing markets in the country for 2017, according to Zillow.

Mortgage interest rates dropped for the first time since the presidential election in the first week of the new year, Freddie Mac reported.

Donald Trump's election sent interest rates higher, and the mortgage industry is waiting to see what other effects he will have. Here's a look at how the housing market performed during the first years of recent presidencies.

Walter Investment Management Corp. has agreed to sell Green Tree Insurance Agency to a wholly owned subsidiary of insurance company Assurant.

F&M Bank Corp. in Timberville, Va., has acquired Valley Southern Title in Harrisonburg, Va.

Home values continued to climb in November, but in 2017 price appreciation is likely to slow due to rising interest rates, according to CoreLogic.

This was a year of shocks and surprises, including a multimillion-dollar verdict after one lender sued another, regulations putting a lender out of business, Brexit driving rates down and Donald Trump's election pushing them back up. Here are 10 events and trends from 2016 that changed the industry.

The Rural Housing Service is expanding its manufactured housing loan guarantee program to include more refinancings of used or existing manufactured homes.