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Updated: 2 hours 31 min ago

Massachusetts November home sales hit all-time high

Tue, 01/02/2018 - 12:10
Home sales across the state surged last month, reaching the highest number of transactions recorded for November on record, according to a new report from The Warren Group.

Twin Cities new-home construction leaps in December

Tue, 01/02/2018 - 09:02
New house and apartment construction soared in December, ending a year to remember in Twin Cities residential real estate.

Contract signings to buy existing homes rose in November

Tue, 01/02/2018 - 09:02
A measure of contract signings for the purchase of previously owned homes unexpectedly increased in November after surging a month earlier, according to data released by the National Association of Realtors.

Dan Gilbert's Quicken takes on big tech after beating the banks

Tue, 01/02/2018 - 09:02
Billionaire Dan Gilbert's Quicken Loans Inc. outgrew almost every U.S. mortgage provider by unfurling technology like its online Rocket Mortgage platform faster than big banks.

E-commerce, rebuilding disaster areas could drive CRE lending in 2018

Tue, 01/02/2018 - 09:02
Consumers’ desire to shop online is creating huge demand for distribution centers and forcing property owners to think creatively about redeveloping vacant retail space. Meanwhile, hundreds of billions of dollars will be spent rebuilding areas hard hit by hurricanes and wildfires.

Housing demand slips near-term but still reflects a strong year

Tue, 01/02/2018 - 05:59
Homebuyer interest dipped slightly in November, but remains well above year-ago levels, according to Redfin.

CFPB launches online tools for HMDA reporting

Fri, 12/29/2017 - 15:32
The Consumer Financial Protection Bureau on Wednesday launched a rate spread calculator and validation tool for financial companies reporting Home Mortgage Disclosure Act data starting Jan. 1.

Seattle extends its run as the nation's hottest housing market

Fri, 12/29/2017 - 15:32
The Seattle-area housing market surge has reached new heights, again: The region has now led the nation in home price increases for 14 months in a row, tied for the longest streak for any metro area in the country since 2001.

5 trends that will shape the mortgage industry in 2018

Fri, 12/29/2017 - 12:30
From origination to servicing and everything in between, here's a look at what's in store for the mortgage industry in 2018.

10 top mortgage stories of 2017

Fri, 12/29/2017 - 12:30
From deregulation to digital innovation, here's a look at the top storylines that defined the mortgage industry in 2017.

2018 Compliance & Regulation Outlook: 'Stars are aligned' for GSE reform

Fri, 12/29/2017 - 12:30
Shifting policy stances and a renewed focus on housing finance reform from the White House could make 2018 a breakout year for Congress to finally resolve the conservatorship of Fannie Mae and Freddie Mac.

2018 Tech Outlook: More AI, automation coming to digital mortgages

Fri, 12/29/2017 - 12:30
As digital mortgage technology helps consumers take a more hands-on approach to the mortgage process, lenders are stepping up their adoption of automation and machine learning through artificial intelligence capabilities.

2018 Servicing Outlook: Consolidation will boost prospects for mega firms

Fri, 12/29/2017 - 09:28
The largest residential mortgage servicers will get even larger in 2018, benefiting from consolidation and the outsourcing of servicing rights acquired by companies without their own platforms.

FHA faces uphill struggle to win lenders back

Fri, 12/29/2017 - 09:28
HUD Secretary Ben Carson has spent much of his first year trying to convince lenders they wouldn't be harshly penalized if FHA-guaranteed loans went bad. But he still has a ways to go.

2018 Secondary Outlook: GSE tech will help expand credit box

Fri, 12/29/2017 - 09:28
Fannie Mae and Freddie Mac have new technology-driven initiatives planned for 2018 that are expected to help lenders improve the borrowing experience for home buyers and make full use of the government-sponsored enterprises' credit box.

What suspension of HELOC tax deduction means for banks

Fri, 12/29/2017 - 09:28
Any decline in home equity balances could be offset by higher demand for other types of consumer loans. The worry is that only borrowers with blemished credit will take out home equity loans, increasing banks’ risk.

NRP sues Lone Star Brewery owner over failed land deal

Fri, 12/29/2017 - 09:28
Development company NRP Group has sued the owner of the Lone Star Brewery for not refunding a $550,000 deposit after a deal to buy land for an apartment complex at the site fell through.

Greater Hartford home sales get bump in November, prices slip

Fri, 12/29/2017 - 09:28
Home sales in greater Hartford got a welcome bump in November compared with a year ago, but buyers did not pay up for their purchases, a new report shows.

Maui home sales fall amid lower inventory

Thu, 12/28/2017 - 15:02
Sales of single-family homes in Maui County plunged last month amid dwindling inventory while the median price increased.

Home prices in 20 U.S. cities increase by most since 2014

Thu, 12/28/2017 - 15:02
Housing prices in 20 U.S. cities accelerated more than forecast in October, rising by the most since mid-2014 as lean inventories continued to prop up values amid steady demand.