Real estate

Refinancings as a portion of the total origination market rose slightly from August to September, according to Ellie Mae.

Both forecasts call for growth in home purchase volume over the next few years, but the decline in refinance originations will be so steep that overall origination volume will decrease.

Home prices rose at a slow pace from July to August, after experiencing a sharp decline in the previous month, according to FNC.

New-home construction in the U.S. climbed in September, a sign residential real estate will bolster the world's largest economy.

Single-family home market values nationwide are expected to rise 3.6% in the coming year, according to Veros Real Estate Solutions, which said this is one of the best forecasts in almost two years.

MGIC Investment Corp. had third-quarter net earnings of $823 million, largely driven by a $698 million reversal of its deferred tax asset valuation allowance.

Ditech Financial, a nonbank lender in Fort Washington, Pa., is the latest lender to bring back the piggyback mortgage by offering a closed-end home equity loan product.

A majority of consumers still think it’s a good financial decision to buy a home and most think they could sell their home for at least its initial purchase price, according to the National Association of Realtors.

Mortgage banking represented one weak spot in Wells Fargo's third-quarter results and company officials said that would likely be the case in the fourth quarter.

Altisource has set its sights on the real estate services market with two acquisitions that will dramatically grow its business in this area.

Bank of America originated $13.7 billion of first-mortgage loans and $3.1 billion of home equity loans during the third quarter, the company said in its quarterly earnings release.

LendingTree already offers a Yelp-like community where consumers can rate loan officers. Now it has created a question-and-answer forum within its loan officer directory platform.

PNC Financial Services Group reported third-quarter profit that beat analysts' estimates as the lender cut costs to counter a decline in revenue.

Homeowners continue to give their properties a higher valuation than appraisers would, according to Quicken Loans.

International buyers are accounting for the smallest share of California home sales in at least eight years as prices climb and investors from China, the biggest source of foreign purchases, slow buying.

LoanDepot in Irvine, Calif., seeks to raise up to $100 million in an initial public offering.

In Bakersfield, Calif., a teacher on an average salary can afford 86% of the homes on the market. In Salt Lake City, that number drops down to only 26%.

Consumer confidence in the housing market rose in September, after dipping in the summer, according to a new Fannie Mae report.

Getting those last-minute applications in before the TILA-RESPA Integrated Disclosure implementation date caused mortgage application volume to rise 25.5% on an adjusted basis in the week ending Oct. 2.

Stewart Information Services Corp., a Houston-based title insurance underwriter, has launched a companywide rebranding effort to support other growth initiatives.