Technology

With less than three weeks to go before new financial assessments for reverse mortgages became mandatory, the Federal Housing Administration announced Thursday that it will delay their effective date due to technical issues.

Just three years ago, CEO David Nelms heralded the purchase of LendingTree Loans as a milestone in Discover's evolution from a strict credit-card company to a broad-based consumer lender. Now he is hinting that it might exit the mortgage business.

For over a third of millennials, first comes home then comes marriage, according to a recent study.

Buying a home in California became slightly more within reach in the last quarter of 2014 compared with the quarter prior, but affordability fell overall year-to-year.

Amid a growing investor appetite for risk, efforts to standardize private-label securities are key to helping ensure the market's healthy return.

Ellie Mae reported fourth-quarter earnings of $4.3 million, more than double that of the same period in 2013.

Applications for new-home purchases increased by nearly a third in January compared to the month prior, according to the Mortgage Bankers Association.

As home sales posted another gain in January, several other housing indicators suggested Houston's real estate market is cooling, an anticipated event in light of low oil prices and a growing roster of energy companies announcing layoffs.

Mortgage rates jumped from a 20-month low as the job market gained momentum.

Citi has formed a digital marketing alliance with online real estate marketplace Zillow in a bid to reach more customers in the financial services company's priority cities, the company announced Feb. 10.