Mortgage applications remained mostly flat for the week ending August 7, 2015, but refinance applications reached their highest point since May 2015, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey released Wednesday.

As home prices reach a sustainable pace, a demographic shift in demand is moving toward city centers, according to Fitch Rating's second quarter 2015 U.S. Residential Mortgage-Backed Securities Sustainable Home Price Report.

Wells Fargo EVP and head of Home Lending Michael J. Heid announced on Wednesday that he will retire after nearly 28 years with the bank and 11 years with Wells' mortgage division.

Home prices rose in almost all metro areas in the U.S. mostly due to the increase in home sales, according to the latest quarterly report by the National Association of Realtors.

Quicken Loans reported on Tuesday that the gap between homeowner estimates and appraiser opinions of value in July was nearly double the gap between these values in May.

Credit unions' market share of mortgage originations are experiencing a growth spurt in comparison to other financial institutions. TransUnion research released Tuesday found that credit unions' share of all mortgage originations has increased from 7 percent in Q1 2013 to 11 percent in Q1 2015.

The Urban Institute addressed the looming questions surrounding the housing market health in a report released Monday, determining that no single indicator can gauge market health and the market is nowhere near 2001 levels.

HUD's Mortgagee Review Board announced settlement agreements of two Texas mortgage lenders on Monday, following allegations that they were allegedly in violation with the Federal Housing Administration rules.

Auction.com, LLC has revised its July Real Estate Nowcast downward. According to Auction.com, existing home sales in July are now projected to fall between seasonally adjusted annual rates of 5.39 and 5.75 million annual sales with a targeted number of 5.57 million.

United Wholesale Mortgage has announced the release of UClose, an industry-leading tool that will allow mortgage brokers to close their loans within an hour of receiving their clear to close.