Mortgages


The Latest

A photo illustration of Blend Labs CEO Nima Ghamsari (Getty, Blend Labs)
National

Digital mortgage firm Blend cuts 30% of staff

Digital mortgage firm Blend Labs enacted another series of cuts, the company’s fourth round of layoffs in the last...

Digital mortgage firm Blend cuts 30% of staff
Wells Fargo puts the brakes on mortgage business
National

Wells Fargo puts the brakes on mortgage business

Wells Fargo, a once-dominant player in the U.S. mortgage market, has begun its significant retreat from the sector. The...

Wells Fargo puts the brakes on mortgage business
From left: United Wholesale Mortgage's Mat Ishbia and Phoenix Suns' Chris Paul, Devin Booker, and Deandre Ayton with the Footprint Center
Weekend Edition

Mortgage lender exec poised to buy Phoenix Suns for $4B

The owner of the National Basketball Association’s Phoenix Suns made his fortune in real estate. The franchise’s apparent next...

Mortgage lender exec poised to buy Phoenix Suns for $4B
41 Pinelawn Road in Melville LI and Reverse Mortgage Funding CEO Craig Corn (Loopnet, RMF)
Tri-State

Reverse mortgage giant lays off 119 on Long Island

A mortgage firm is laying off scores of Long Island employees in the wake of a Chapter 11 bankruptcy...

Reverse mortgage giant lays off 119 on Long Island
(Photo Illustration by The Real Deal with Getty)
National

Purchase applications climb as mortgage rates stabilize

Mortgage purchase applications continued to climb last week, thanks to a steadying of rates. Purchases rose 4 percent on...

Purchase applications climb as mortgage rates stabilize
Leslie J. Garfield's Stanley Montfort (Leslie J. Garfield & Co., Getty)

Co-ownership can help NYC homebuyers, but adds risk

New York City is among the toughest homebuying markets in the U.S., and it’s even more daunting for single...

Co-ownership can help NYC homebuyers, but adds risk
(Photo illustration by The Real Deal with Getty)
National

Mortgage applications decline even as rates fall again

Mortgage applications continued their downward swing last week, but lower rates are sparking activity in the refinancing market. Applications...

Mortgage applications decline even as rates fall again
From left: Fannie Mae's Hugh Frater and Freddie Mac's Michael DeVito
National

Government to back home loans over $1M

The federal government wants to help homebuyers live like millionaires, at least in pricey housing markets such as California and New York. In those areas, Fannie Mae and Freddie Mac will begin backing mortgages...

Government to back home loans over $1M

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