Consumer credit default rates continued declining to historical lows in July.

Housing starts surged in July to the highest level in eight months, underscoring the recent pickup in builder optimism as the residential real estate market gains some traction.

Second-quarter data show housing activity has lost momentum and may experience only minor improvements in the second half of the year, according to a Fannie Mae's Economic & Strategic Research Group.

Confidence among homebuilders rose in August to the highest level in seven months, showing the industry is making more headway after weakness earlier this year.

Foreclosure rates continued their steady, three-year decline in June, according to a report Thursday from CoreLogic.

In about six years, by 2020, one out of three adult Americans will be a Millennial. By 2025, they will make up about 75% of the workforce.

Mortgage applications to purchase new homes increased 2% in July than the month before, according to Mortgage Bankers Association data.

Already beset by stagnant wages, growing student debt and competition from investors who are snapping up listings, those looking to purchase moderately priced houses must also provide more cash up front.

Several institutions said their underwriters already exclude paid and unpaid medical debt from their calculation, raising questions about what kind of impact the new model will have on lenders.

Stewart Lender Services in Houston has completed the acquisition of DataQuick Lending Solutions, which adds valuations to Stewart's mortgage service offering.

Mortgage application volume was lower than the week before as both refinance and purchase activity declined.

Even though refinance loans account for the majority of mortgage applications, the refi boom has long been over, and depressed origination volume will keep it that way for some time.

Building awareness and trust in your company helps to get new customers.

Minority borrowers, as a group, are more likely to use the same lender again and more likely to comment about the experience in social media.

Ellie Mae has agreed to buy AllRegs, an electronic publisher of underwriting guidelines.

Radian Group Inc. jumped in New York trading after the mortgage insurer posted a second-quarter profit as the housing market improved.

Fannie Mae will give the Treasury Department $3.7 billion next month after the largest financier of mortgages posted its 10th-consecutive quarterly profit.

Freddie Mac will pay the Treasury Department $1.9 billion after the second-largest financier of mortgages posted its 11th consecutive quarterly profit.

Mortgage rates for 30-year loans rose for the first time in four weeks as borrowing costs that remain close to record lows spurred more Americans to refinance their homes.

Just when you thought the exotic issues regarding residential default had all been discovered, discussed and litigated, here comes the so-called zombie foreclosure.