The housing market remains in a slowdown despite a drop in mortgage rates
The bank's mortgage operations will move entirely online
This week is all about the FOMC policy statement and how the phrasing of the statement will be translated to when the Fed is going to begin increasing interest rates.
A U.S. bankruptcy court judge has dealt investors a possible 21-year setback in their battle with Lehman Brothers over losses on residential mortgage-backed securities.
Following a four-point uptick last month, confidence in the market fell, according to NAHB data released today. However, home builders appear to be more optimistic than the reality in the housing sector.
While many economists are predicting a rise in mortgage rates in 2015, Bank of America Merrill Lynch analysts are forecasting differently.
Asking prices are rising faster in Gen X, boomer, and senior markets than in millennial markets. But there’s a mismatch in where young adults live versus where they can afford to buy a home. For many millennials, homeownership will require moving to a cheaper market.
Fannie Mae has expanded its risk sharing offerings with the announcement of a deal, which transfers the credit risk on a pool of loans.