Mortgages


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The bank is accused of systematically trying to foreclose on mortgages after the state’s six-year statute of limitations had passed. (Credit: iStock)

BNY Mellon faces suit over foreclosures from the housing crash

Bank of New York Mellon faces a reckoning from residential foreclosure cases in New York that date back to...

BNY Mellon faces suit over foreclosures from the housing crash
Seattle, Washington (Credit: iStock)

Good luck buying an affordable home in these US cities

In the market for an affordable home or a house on the West Coast? Good luck, there aren’t many...

Good luck buying an affordable home in these US cities
They’re just like us! “Billionaire” manse buyer takes out $58M mortgage

They’re just like us! “Billionaire” manse buyer takes out $58M mortgage

The mystery buyer of Bruce Makowsky’s over-the-top spec mansion “Billionaire” has taken out a $58 million mortgage on the...

They’re just like us! “Billionaire” manse buyer takes out $58M mortgage
Buyer sentiment was strong at the close of 2019 (Credit: iStock)

Home buyers start 2020 with drop in mortgage rates

The housing market is launching into 2020 with a flurry of activity as mortgage rates fell last week to...

Home buyers start 2020 with drop in mortgage rates
(Credit: Getty Images, iStock)

Small Talk: Real Estate Predictions for 2020

As everyone already knows, the biggest real estate story of 2019 was the August debut of Small Talk in...

Small Talk: Real Estate Predictions for 2020
Many are predicting a housing bubble (Credit: iStock)

Europe could be headed toward a housing crisis

Negative interest rates and high rates of household debt in Europe may be leading to a housing bubble. The...

Europe could be headed toward a housing crisis
Housing and Urban Development Secretary Ben Carson (Credit: Getty Images, iStock)

HUD wants to jumpstart bank lending on low-income homes

Housing and Urban Development Secretary Ben Carson wants to get banks back in the residential mortgage lending game. One...

HUD wants to jumpstart bank lending on low-income homes
Lenders issued the most mortgages in 14 years last quarter (Credit: iStock)

Nonbank lenders could give serious boost to cooling housing market

The sluggish housing market could receive a nice jolt as mortgage rates continue to fall and lenders are originating...

Nonbank lenders could give serious boost to cooling housing market
The number of closed sales fell by more than 14 percent year over year in the third quarter (Credit: iStock)

Low mortgage rates are killing Manhattan’s all-cash buyer

After sales soared last quarter, Manhattan’s residential sales market is crashing back to reality — though low mortgage rates...

Low mortgage rates are killing Manhattan’s all-cash buyer
(Credit: iStock)

Despite housing market slowdown, mortgage lenders just had a great second quarter

The second quarter of the year saw $565 billion worth of mortgage loans as homeowners are increasingly eager to...

Despite housing market slowdown, mortgage lenders just had a great second quarter
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