Daily Dose

Mortgage applications for new home purchases fell in August, as the homebuying season comes to a close, according to Builder Application Survey data for August 2015 from the Mortgage Bankers Association released Thursday.

As Fannie Mae and Freddie Mac celebrate their seven-year anniversary of conservatorship, new legislation is being drafted in the U.S. House that will allow them to establish more capital and prevent another taxpayer-sponsored bailout.

The U.S. Department of Justice issued a memo on Thursday containing new guidelines stating that it will pursue the prosecution of individual employees, and not just their companies, for their role in precipitating the financial crisis in 2008.

Although many homeowners feel confident in the current state of the market, they are a bit more uncertain about the future, Zillow’s Housing Confidence Index.

The number of job openings in construction overall remained stable in July, though hiring in the home construction sector slowed that same month, according the latest figures from the Bureau of Labor Statistics and the National Association of Home Builders.

The scrutiny borrowers face when seeking jumbo loans might be as tough as ever, but qualifying one is at least getting easier.

After reaching record earnings in the second quarter of 2015, the U.S. banking industry can expect global economic factors, recent stock market volatility, and interest rates to be deciding factors in the upcoming third quarter report and beyond.

As the baby boomer generation edges closer to retirement age, housing demand for seniors is expected to increase, but could too much of a good thing mean oversupply?

A federal grand jury in New Haven, Connecticut, has returned a 10-count indictment against three former residential mortgage-backed securities traders for Nomura Securities International.

Ginnie Mae has released an update to its issuer business status requirements that will help issuers that are going through ownership and organizational changes.