Homeowner couple in front of sold house
New figures from the Economic Policy Institute paint a sobering picture, showing the African American homeownership rate to be the same as it was 50 years ago
by Teke Wiggin Mar 1
Row of houses by Tiano Rodrigues/Unsplash
The uptick in mortgage rates will make the spring homebuying season especially hard for first-time buyers
by Marian McPherson Feb 22
Notarize and United Wholesale Mortgage expand e-closings to 16 states
The companies claim they are the only ones who offer a fully digital, end-to-end title closing process
by Emma Hinchliffe Feb 19
Buckle up for a sustained rise in interest rates: analysis
10-year Treasury note has nearly doubled in 18 months. If it breaks 3%, expect mortgages to hit 5%.
by Lou Barnes Feb 16
Real estate startups make a splash on Forbes Fintech 50
7 companies that are changing the mortgage, investment and insurance businesses
by Patrick Kearns Feb 15
Xome operator Nationstar acquired by WMIH Corp.
Former parent company of the defunct Washington Mutual merges with mortgage servicer, combined companies will be traded on the NASDAQ under the ticker 'WMIH'
by Marian McPherson Feb 15
Fannie Mae reports $6.5B loss for fourth-quarter 2017
As a result of $3.7 billion deficit, the government-sponsored entity will request taxpayer infusion from Treasury Department
Hurricane Harvey damage in Port Arthur, Texas
Serious delinquencies in Texas, Florida and Puerto Rico stand out in latest Loan Performance report from CoreLogic
by Marian McPherson Feb 13
Blend offices
Startup is among the first to provide asset verification for Fannie Mae's mortgage applicants
by Emma Hinchliffe Feb 13
Washington Monument, Washington DC
The National Association of Realtors (NAR) trumpeted several short-term benefits for the industry it lobbied to get into the compromise
Airbnb wins big mortgage support, but loses Detroit
Hosts can now report their home sharing income when applying for refinancing
by Emma Hinchliffe Feb 8
How the budget deal will impact real estate
A $300 billion boost in federal spending would inject $20 billion into infrastructure, presumably increasing construction
Churchill Mortgage's 'pre-underwriting' program helps homebuyers compete
'Certified' buyers get a head start on securing funding and may have a leg up with sellers
by Gill South Feb 8
Deutsche Bank hit with housing discrimination lawsuit
National Fair Housing Alliance accuses German banking and financial behemoth of neglecting foreclosed properties in minority neighborhoods
Should real estate fear the stock market tumble?
The impact may be more psychological than material, and when confidence is shaken, we turn to the stability of housing.
2017 saw fewest foreclosure starts in nearly two decades
New Black Knight report finds that hurricanes didn’t totally ruin last year’s mortgage performance
by Marian McPherson Feb 5