Housing Market

U.S. mortgage applications rise in latest week: MBA


NEW YORK - Applications for U.S. home mortgages edged up last week as interest rates dipped, an industry group said on Wednesday.

Treasury says speed up reduction of Fannie, Freddie assets

WASHINGTON - A U.S. Treasury official on Thursday pushed for a faster reduction in the most illiquid assets held by Fannie Mae and Freddie Mac, and said the only way to fix the government-controlled mortgage finance firms was through legislative reform.

10:46am EST

U.S. pending home sales hit one-and-a-half-year high in January

WASHINGTON - Contracts to purchase previously owned U.S. homes rose to their highest level in 1-1/2 years in January, a hopeful sign that the sluggish housing recovery may be gaining speed.

27 Feb 2015

Ocwen to sell servicing rights on $45 billion of Fannie Mae loans

- Mortgage servicer Ocwen Financial Corp said it would sell residential mortgage servicing rights on $45 billion of Fannie Mae loans to an undisclosed buyer, sending its shares up 5.5 percent in extended trading.

Deals 02 Mar 2015

American Realty completes restating results for 2013, part of 2014

- American Realty Capital Properties Inc , a commercial real estate investment trust, said it completed restating results for 2011, 2012, 2013 and the first six months of 2014.

02 Mar 2015

Fed-spooked mortgage holders in SE Asia offered glimmer of hope

JAKARTA - A surprise loosening of monetary policy in parts of Southeast Asia is offering a glimmer of hope to home owners bracing for higher mortgage rates later this year when the U.S. Federal Reserve is expected to tighten policy.

26 Feb 2015

U.S. new home sales steady near multi-year highs; supply up

WASHINGTON - New U.S. single-family home sales fell only slightly in January despite big declines in the snow-battered Northeast while supply rose to its highest level since 2010, hopeful signs for a sluggish housing market. | Video

25 Feb 2015

U.S. mortgage applications fall in latest week: MBA

NEW YORK - Applications for U.S. home mortgages fell for a third straight week last week as interest rates edged higher, an industry group said on Wednesday.

25 Feb 2015

MetLife unit to pay $123.5 million for alleged mortgage fraud

WASHINGTON - MetLife Home Loans LLC will pay $123.5 million to resolve accusations of mortgage lending violations by the Federal Housing Administration, the U.S. Department of Justice said on Wednesday.

25 Feb 2015

Strong jobs market to spur U.S. housing in 2015: Reuters poll

WASHINGTON - U.S. housing is set to gain steam this year as a strengthening jobs market offsets the drag from an expected increase in mortgage rates, a Reuters poll showed on Tuesday.

24 Feb 2015