U.S. home prices rose 0.6{743ef3e9b5a5e2955df8d265aacc6bea4d38f7653da7e6413fe006f22c2f8db7} in November, FHFA data shows, with annual growth slowing to 1.9{743ef3e9b5a5e2955df8d265aacc6bea4d38f7653da7e6413fe006f22c2f8db7} and regional differences persisting.
National mortgage lender HighTechLending has launched a second-lien version of a home equity product designed to function more like a credit card, the company announced Tuesday.
Detroit-based Rocket Companies was hit with a class-action lawsuit on Monday that accuses one of the nation\'s largest mortgage lenders of steering consumers to their loan products, \"even though Rocket Mortgage\'s terms are disadvantageous to the clients.\"
It goes with the insanity of today’s U.S. housing affordability crisis that two rights can make a wrong. Two federal policies — each designed to lower the lifetime operating cost of owning a home — can instead combine to raise the barrier to entry so high that millions of households never get through the front […]
Onity Group — the parent company of PHH Mortgage Corp. and its subsidiary, Liberty Reverse Mortgage — plans to raise $150 million through a debt offering to qualified investors via two of its subsidiaries, the company announced Monday.