Overseas investors hold about $1.36T in US mortgage debt, with Japan, China, Taiwan and Canada accounting for 61% of that total. South Korea ranks 10th with $36.5B invested
Experts polled by Fannie Mae expect national home prices to keep climbing, but see Austin, Tampa, Dallas, Denver, Houston, Miami and Phoenix as markets most likely to see price declines
Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request 'a Pandora’s box the court refuses to open'
New York City-based REIT will pay $120M in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08M shares in Chimera valued at $27.9M
Nation's largest lender reboots 1% down loans that cover up to $7K of the homebuyer's down payment when financing a purchase with a loan backed by Fannie Mae or Freddie Mac
Purchase loan applications soared 10% last week to the highest level since April, even though rates have been stuck in the high 6s, the Mortgage Bankers Association reported Wednesday
Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway Independent Mortgage as a division manager
The Trump administration is seeking to cut 90% of the CFPB's workforce, and has dismissed about 20 active enforcement cases and moved to vacate or weaken several finalized settlements
Colorado-based Covius will continue to provide integrated title and closing services to Blend's customers, and Title365 President Kirby Hulbert will join Covius' settlement services team
While just 26% of Americans said May was a good time to buy, that's up from 23% in April and 14% a year ago, an all-time survey low in Fannie Mae National Housing Survey
An estimated 7.24M Americans were unemployed in May, as hiring by private employers slowed to slowest pace since October and the federal government continued to shrink its payroll
Lawmakers want assurances that privatizing the mortgage giants or taking them public won't drive mortgage rates up, or put investor profits 'over the homes of millions of Americans'
While purchase loan demand was still up 18% last week from a year ago, some of that demand may not translate into sales after unusual bump in cancelled purchase contracts
Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets
With antitrust regulators declining to weigh in, $1.75B deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month
Although Rocket's plans to acquire Mr. Cooper and Redfin are structured as all-stock deals, assuming their debts will leave Rocket more highly leveraged, Fitch analysts say
Shares in mortgage giants tumble as investors weigh whether the Trump administration is more interested in mining Fannie and Freddie's profits than privatizing them
Trump administration keeps up pressure on Fed, but investors don't expect the US central bank to cut short-term rates until September as policymakers weigh tariff impacts
Since peaking at 246 offices in the fourth quarter of 2023, RE/MAX's mortgage brokerage franchising business has experienced declines for 5 consecutive quarters
Promise that the government will maintain 'implicit guarantees' of the companies' obligations suggests that what Trump has in mind is monetization, not privatization
