Applications for loans to purchase newly constructed homes were down 5% in June from the month before, according to Mortgage Bankers Association data.

Churchill Mortgage has launched an employee training program that focuses on the housing needs of borrowers who are 18 to 34 years old.

Mortgage rates for 30-year loans rose for the first time in four weeks, increasing borrowing costs as job creation bolsters the housing recovery.

Lack of funding confidence is why many longtime mortgage professionals are jumping ship and hitching their wagons onto new companies.

Mortgage applications rose last week led by an uptick in purchases even as 30-year interest rates climbed.

The nation's inventory of homes in some stage of foreclosure declined 4.8% in May from April, the 31st straight month-to-month drop, CoreLogic reported.

National mortgage banker GMH Mortgage Services is opening a wholesale lending division.

Consumer confidence about homeownership and the general economy have improved over the last four years, but a return to "normal" housing levels will still take a long time, according to a Fannie Mae survey.

Small lenders filled 200 positions in May after slashing their payrolls by 10,000 workers this year, the new government jobs report shows.

Mortgage rates for 30-year loans fell for a third week, reducing borrowing costs as housing demand regains strength.

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Mortgage applications fell for the fifth time in the past six weeks, led by a drop in purchases even as borrowing costs retreated.

Merscorp must face a trial to determine how much it owes Pennsylvania counties for shortchanging them on mortgage recording fees, a judge ruled.

FormFree Holdings, a mortgage technology vendor in Athens, Ga., has appointed John Sheppard, a former Coca-Cola International executive, to be its president and chief operating officer.

Digital shifts are rapidly redefining customer preferences and expectations.

Unless the industry is content to be a boutique player with a hugely smaller pool of potential borrowers, it had better emulate the Fed and ease on down the road.

In light of new regulations, servicers need to take a fresh look at their servicing file tools, processes, policies and procedures.

Purchases of new homes in the U.S. rose in May by the most in 22 years, indicating the industry is rebounding from a winter-induced lull at the start of the year.

Home prices in 20 U.S. cities rose at a slower pace than forecast in the year ended in April as declining affordability put a lid on appreciation.

Purchases of previously owned homes rose more than projected in May, a sign the industry is stabilizing after a weather-depressed quarter.