Real estate

The overwhelming majority of candidates supported by the mortgage industry by and large performed well on Election Day, with one notable exception.

The New York real estate mogul Donald Trump defied all conventional wisdom by winning the presidency, a huge upset that is sending shock waves through the political and policy establishment.

Donald Trump has already done the impossible by winning the presidency, but once he takes office he may have to do so again — by finding a way to pay for the across-the-board tax cuts he promised during his campaign.

The number of seriously delinquent mortgages declined 24.8% in September from one year prior, as the number of loans more than 90 days late is at its lowest since August 2007, according to CoreLogic.

Home purchase sentiment fell for the third straight month in October, reflecting the uncertainty consumers face, according to Fannie Mae.

A post-crisis spike in foreclosures, the Deepwater Horizon oil spill and recent flooding in Louisiana all shaped the terms and timing of a bank deal struck in Florida.

After nearly eight years of record-low mortgage rates and booming refinance volume, many signs indicate the run is winding down. Here's a look at 10 steps lenders should take now to stay profitable when rates rise and purchase loans drive the market.

Regulators have pressed banks to watch out for rising concentrations of commercial real estate loans. Some banks have paid heed, but others are skyrocketing past recommended thresholds.

NMI Holdings reported record net income of $6.2 million for the third quarter, as its insurance-in-force grew 19% during the period.

Nationstar Mortgage Holdings reported third-quarter net income of $45 million, driven by the large percentage of servicing customers its origination business recaptured.

Courting borrowers with past bankruptcies might not cross most loan officers' minds as the best strategy for building business, but Guaranteed Rate's Danielle Young doesn't let borrowers' past blemishes intimidate her.

The Federal Reserve has maintained historically low interest rates for too long, causing superficially high prices in housing and other assets. The outcome of the presidential election will likely decide whether the Fed maintains the status quo or embraces risk and raises rates.

Home prices grew by 5.3% year-over-year for August, which was the seventh out of the last eight months for an annual increase at this same level, according to Black Knight Financial Services.

Banc of California in Irvine has sold about $163 million of single-family residential mortgages to an unnamed buyer.

Home prices in New York's Hamptons fell the most in almost three years as buyers in the beachfront towns sought out less-expensive properties and shunned the middle of the market, priced from $1 million to $5 million.

The Freddie Mac Multi-Indicator Market Index for August was up 5.4% over the same month last year, driven by its purchase component, which had an 18.6% increase.

Purchases of new homes in September stayed close to an almost nine-year high, showing residential real estate was maintaining momentum heading into the quieter selling season.

Home prices, when adjusted for income and interest rates, decreased in August by 2.6% on a year-over-year basis, making properties more affordable, according to First American Financial Corp.

Home prices in 20 major U.S. cities continued to rise at a steady pace in August, according to data Tuesday from S&P CoreLogic Case-Shiller.

Real estate franchisor Re/Max Holdings is getting into the mortgage brokering franchise business with its new unit Motto Mortgage.