Technology

Detroit’s struggles during the latest financial crisis and housing meltdown has been an ongoing issue for a long time.

Home prices rose 0.9% in August but at half the pace of the July increase.

August was the best month in terms of the cure/default ratio since April for the members of the Mortgage Insurance Cos. of America.

The African-American community lost more than half its net worth as a result of the housing debacle and the ensuing economic crisis.

The Eleventh Federal Home Loan District Cost of Funds Index for August is 0.956%, which is just 0.2 basis points higher than it was in July.

Fannie Mae's mortgage purchases fell 7% in August after a slight uptick in July, but commitments to purchase new mortgages from lenders fell to the lowest level in two years.

Bexil Corp. said that its subsidiaries Bexil American Mortgage Inc. and Castle Mortgage Corp. have officially launched AmnetCastle Express.

Appraisers represent the lender in the field, but at times their interests diverge from the party that hired them, as well as from the borrower, the Realtor and the seller.

A social media strategist shares the pros and cons of four new measures for mortgage originators and other users.

This publication’s Mortgage Industry Equity Composite turned in a mixed performance during the traditional East Coast trading day Friday, when the Dow ended the day down slightly at 0.46%.