News

With mortgage interest rates near historic lows and underwriting standards improving, NeighborWorks America has increased the target dollar amount for mortgage originated by nonprofits in its network.

Violations were relatively small, but significant enough for the CFPB to require corrective action.

Single-family house prices in May were up from April and from a year ago, and should steadily rise through next spring, according to CoreLogic.

The unpaid balance of the GSE's mortgage-related investments portfolio is now well below its required call for the full year of 2016.

While immediate declines in mortgage rates have caused many to speculate on Brexit's effect, Stanley Fischer is taking a wait-and-see stance.

Perpetual Wall Street enemy Senator Elizabeth Warren has introduced a new bill that purports to relieve taxpayers of the losses incurred from derivates trading and pass it on to Wall Street investors.

Ohio native and head of the CFPB Richard Cordray is not formally on Hillary Clinton's list for vice president. But some Democrats think he should be.

A June rate hike was widely expected but did not occur. Now with the Brexit vote, some are suggesting it is going to be a while before the Fed raises long-term interest rates.

One week after the controversial Brexit vote, some in the industry can already see how the vote affected rates, which may in turn affect housing demand.

HUD cited improved mortgage literacy, greater appreciation for communication with lenders, and improved underwriting qualifications among the positives.