A judge denied Credit Suisse's proposal to dismiss a lawsuit accusing the banking giant of fraud in selling mortgage-backed securities. USA Today reports.» Read More
With first-time buyers priced out of homes and facing tougher credit standards, homeownership had nowhere to go but down.
Pending home sales from the National Association of Realtors rose 3.4 percent in March but is still down 7.9 percent from March of 2013.
Bouyed by higher-end homes, D.R. Horton turns the tables by announcing it will now also focus on the entry-level market.
Hedge funds and other groups are spreading bad information about the reform of Fannie and Freddie, says the Mortgage Bankers Association president.
Despite warmer weather, relatively stable interest rates and more homes coming on the market for sale, mortgage applications fell last week.
Forget the harsh winter. Higher home prices are stifling sales around the country, and low inventories aren't helping.
Ocwen Financial is suspected of 'self-dealing' by regulators and accused of overcharging borrowers and investors to auction off foreclosed properties.
Kelly King, BB&T chairman and CEO, reacts to the role mortgage lending played in its weak quarterly report. King says the current yield curve reflects a slow economy.
Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
"It's nothing more than a land grab," said a business owner in Philadelphia over efforts by the city to take his property.
Confidence among home builders in the market for new, single-family homes remained in a holding pattern in April, ticking up just one point.
Robert Shiller, Yale University economics professor, shares his thoughts on the pulse of the housing recovery. The components are showing weakness right now, says Shiller.
CNBC's Rick Santelli and Vincent Fiorillo, DoubleLine Capital portfolio manager & founding member, discuss housing finance reform and the winding down of Fannie Mae and Freddie Mac.
CNBC's Diana Olick provides insight on the flight to the safety of bonds, and its impacting mortgage rates. The average rate on the 30-year fixed went to its lowest in over a month on Thursday.
Big banks are willing to give up market share in originations to avoid having to service defaulted loans.
Doug Lebda, LendingTree chairman & CEO, weighs in on the health of the housing recovery as mortgage rates trend higher. The good news for consumers is you can qualify with a lower credit score and lower down payment, says Lebda.
Smaller subprime mortgage servicers such as Nationstar benefits from bigger banks leaving the subprime business, Legg Mason's chief investment officer told CNBC on Thursday.
Discussing the 14 year low of mortgage originations and the slowing real estate market, with Susan Wachter, professor of real estate & finance at The University of Pennsylvania.
New mortgages hit a 14-year low due to a plunge in refinances because of a jump in interest rates, reports CNBC's Diana Olick.
Most of the growth in home sales is in the higher end of the market, where buyers have higher credit scores and higher down payments.
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