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Updated: 2 hours 18 min ago

A second, even bigger foreclosure reaches 'Billionaires' Row'

2 hours 18 min ago
Another luxury condo at Manhattan's One57 is scheduled for a foreclosure auction — the second time in a month that a property seizure is being sought at the Billionaires' Row tower following a mortgage default.

How Canada's dealing with its own home affordability crisis

2 hours 18 min ago
Canadian officials are working to slow a rapid rise in home prices that's being attributed to tight inventory levels in the country's largest cities and is threatening to create a housing bubble.

SoFi's next consumer loan ABS backed by even safer credits

2 hours 18 min ago
Over 45% of the borrowers the collateral pool have FICO scores above 760, compared with just 36.42% in the marketplace lender's most recent transaction, completed in May.

Housing groups take aim at flood insurance bills

2 hours 18 min ago
The National Association of Home Builders is objecting to a measure that would impose a surcharge on National Flood Insurance Program policies for newly constructed homes.

Granite Point's IPO priced lower than expected

2 hours 18 min ago
Granite Point Mortgage Trust priced its initial public offering at $19.50 per share, which was below the $20 to $21 range the company expected.

Ohio home sales hit record pace in May

2 hours 18 min ago
Statewide home sales hit a record pace during May, edging up from April and besting the previous year's level.

People on the move: June 23

2 hours 18 min ago
Mortgage industry hiring and new job appointments for the week ending June 23.

Bullard says current rate likely appropriate for forecast horizon

2 hours 18 min ago
The Federal Reserve can be patient in setting monetary policy and the current rate may be the right level for the forecast horizon, Federal Reserve Bank of St. Louis President James Bullard said Friday.

Marin home prices hit record $1.25M for May

2 hours 18 min ago
The median price of a single-family home in Marin County, Calif., hit a new high in May to $1.25 million.

Property owners lose at U.S. Supreme Court in development case

2 hours 18 min ago
The U.S. Supreme Court dealt a blow to property-rights advocates, ruling against four siblings who said they were unconstitutionally barred from building on a Wisconsin riverfront lot.

Casey Anthony's parents countersue bank trying to foreclose house

2 hours 18 min ago
Casey Anthony's parents are fighting back against a bank trying to foreclose on their home, court records show.

Surging prices for new homes suggest tight low-end supply

2 hours 18 min ago
Record prices for new homes amid a sales pickup indicate the supply of houses may be tight at the lower end of the market, pinching first-time buyers.

Home Point creates group to work with whole loan sellers

2 hours 18 min ago
Home Point Financial Corp. has formed an Institutions Group to bring the correspondent, capital markets and warehouse lending teams under one umbrella.

Regulators find common ground with lawmakers on reg relief

2 hours 18 min ago
Federal regulators supported several changes the banking industry has been seeking in an appearance before the Senate Banking Committee on Thursday, acknowledging the need to limit the Volcker Rule and better define systemically important banks.

Buffett follows Goldman, B of A model in bailout for Home Capital

2 hours 18 min ago
The billionaire investor agreed to buy shares at a deep discount and provide a fresh credit line for the Canadian mortgage company, tapping a formula he used to prop up lenders from Goldman Sachs to Bank of America.

Daytona attempts remedy for derelict rental homes

2 hours 18 min ago
City commissioners approved a deal Wednesday aimed at turning around two beachside rental homes that have churned out lawlessness and code violations, but the neighbors who have begged for help are worried the trouble isn't going to stop.

Top-heavy housing market is crowding out the little guys

2 hours 18 min ago
The housing market is looking a little top-heavy these days.

L.A. County median home price breaks record

2 hours 18 min ago
In summer 2007, the Los Angeles County median home price hit an all-time high of $550,000. It soon plunged as the housing bubble burst and the national economy crashed.

Miami-Dade home sales set new record in May

2 hours 18 min ago
Homebuyers went on a shopping spree in Miami-Dade in May — and snapped up enough houses to set a new record.

Fewer borrowers late on their loan payments in May

2 hours 18 min ago
Mortgage delinquencies declined 7% in May compared with April, a partial recovery from the 13% increase of the previous month.