Technology

Starwood Waypoint Residential Trust has purchased a pool of delinquent loans and bank-owned homes for a total price of $73.3 million.

KB Home, the Los Angeles-based homebuilder, fell the most in a year and a half after reporting lower-than-expected quarterly earnings as the transition to a new mortgage partner delayed some deliveries.

Retail mortgage lender Guaranteed Rate has launched an encrypted, cloud-based platform that borrowers can use to transmit documents to loan officers.

Several federal agencies have joined forces in launching new public service advertisements designed to inform and assist homeowners at risk of foreclosure.

New-home sales surged in August to the highest level in more than six years, a sign that the housing recovery is making progress.

The housing market was slightly less stable in July compared to the previous month, according to data released Wednesday by Freddie Mac.

In the coming months, banks, mortgage lenders, consumer advocates and policy wonks will be slicing and dicing the latest Home Mortgage Disclosure Act data, as they do every year. Rarely, if ever, have the stakes been higher.

Mortgage applications dropped last week as an increase in borrowing costs led to a decline in home refinancing.

The Mortgage Industry Standards Maintenance Organization has awarded eLynx, a mortgage technology provider in Cincinnati, with a high-level industry designation.

Millennial renters and Americans overall have become more optimistic about the housing market since January, according to Zillow.