Richmond Fed's Jeffrey Lacker said that his dissent from the central bank's exit strategy stemmed from its mortgage-backed securities plan.» Read More
The potential settlement may go a long way toward appeasing anger at the big banks but probably won't help consumers get a mortgage.
CNBC's Kate Kelly aks Jamie Dimon about what JPMorgan's potential $13 billion federal settlement over mortgage suits would mean for the bank.
Home flipping fell out of favor during the housing recession, but now the market is on the rise again. This time high rollers are taking the lead.
Volume is on track to surpass $300 billion this year. Imagine what would happen if a debt default causes a spike in interest rates.
Confidence among the nation's home builders slipped more than expected in October, another fallout of Washington's fiscal escapades.
Home builder sentiment slipped a larger-than-expected 2 points in October. CNBC's Diana Olick has the details.
Mortgage application dropped to a six-year low, as negotiations to end the government's partial shutdown and avert a U.S. debt default wavered.
Economist Robert Shiller is saying home prices look reasonable. CNBC's Diana Olick, and Shari Olefson, CEO of The Carnegie Group. "There is an argument to be made for bubble 2.0," explains Olick.
Discussing the impact of the government shutdown on housing, with Peter Murphy, Home Encounter CEO & real estate agent. "Functionally, we're not seeing a big impact to the housing market yet," he says.
The USDA's Rural Development Mortgage Program offers a no down payment, 30-year fixed government loan for rural homeowners. CNBC's Diana Olick reports on the impact of the government shutdown to these loans.
Offering a 30-year fixed loan requiring no down payment, the USDA program was designed to help rural families, but it isn't processing any loans.
Despite beating earnings estimates this morning, mortgage applications revenue plunged due to rising rates. Timothy Sloan, Wells Fargo CFO, says the mortgage business is not the only one at Wells Fargo.
Bank analyst Dick Bove told CNBC he's not particularly concerned about a significant drop off in mortgage orginations at Wells Fargo for Q3.
CNBC's Kayla Tausche has the details of SunTrust's settlement with DOJ, HUD and the Fed.
If the U.S. defaults, what is the impact to housing? Jed Kolko, Trulia chief economist, discusses the potential impact to mortgage rates and lending.
The number of U.S. homes set on the path to foreclosure slid to a seven-year low in the third quarter, reflecting an improving housing market.
Some lenders will not do them at all without tax verification from the IRS. Others are delaying the process.
Two percent of the staff at the Federal Housing Administration staff is working, and many lenders are not moving ahead on jumbo mortgages. CNBC's Diana Olick reports
Kevin Freel, realtor for Century 21 Beggins provides a look at hot homes in Tampa. This week's power house is listed for $1.4 million
David Stevens, Mortgage Bankers Association CEO, explains how an extended government shutdown will likely impact the mortgage market, the IRS and the economy.
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