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U.S. Bancorp and the PNC Financial Services Group Inc., reported Friday morning that net income at both banks is down from the previous year, and the results for mortgage banking revenues at both banks followed right along.

In December, during their final meeting of the year, the Federal Open Market Committee decided to raise the federal funds rate. Since then, the mortgage industry has been anticipating the effect this will have on the housing market, but so far, that effect has been little to none.

JPMorgan Chase, one of the nation's largest lenders, announced Thursday that their fourth quarter earnings wrapped 2015 on a positive note, but could trouble be brewing in the mortgage banking division of the company?

As Fannie Mae sees it, the year ahead will be less like a person in love and more like one in a satisfying longterm relationship. Growth in the U.S. housing market will continue for its seventh straight year, but there will be bills to pay.

Appraisers and homeowners just cannot seem to find common ground in valuing their home, but they are getting closer to seeing eye-to-eye.

Citing under production in the homebuilding sector, NAR Chief Economist Lawrence Yun predicts home prices will continue to rise in 2016…but can such increases match the pace of expansion seen in 2015?

Investors looking to purchase properties in thriving housing markets would be wise to be wary of the state of the economy in the markets where they shop.

Although Fitch Ratings expects housing and mortgage markets to experience a reduction in activity in 2016, compared to the booming year we have had in the industry last year, they do not project the picture to be totally bleak.

This can’t be good for the housing markets in energy-producing states like Texas and North Dakota.

The introduction of the TILA-RESPA Integrated Disclosure rule, or TRID, in October has led to utter chaos in the mortgage industry—or so some would have you believe.