Mortgage REITs Come Under Stress That Even the Fed Might Not Be Able to Ease

Text size Photograph by Sean Gallup/Getty Images Some publicly traded mortgage funds are showing signs of stress, demonstrating just how big the disruption to financial markets has been. We’re referring … Read More

Struggling Borrowers Want To Pause Their Mortgage Payments. It Hasn’t Been Easy.

Struggling homeowners are flooding their mortgage companies with requests for help as the coronavirus pandemic wrecks the economy. Many are having a hard time getting it. Homeowners say they are … Read More

High Home Price-to-Income Ratios Hiding Behind Low Mortgage Rates

Zillow has noticed a trend that could become problematic for both the U.S. housing market and policymakers in coming months. By looking at two metrics — an affordability index and … Read More

Financial institution of America’s Latest Mortgage: 3% Down and No FHA

Financial institution of America Corp. BAC -2.34% is rolling out a new-mortgage product that might enable debtors to make down funds of as little as 3%, in a transfer that … Read More

Wells Fargo to Provide Low-Down-Fee Mortgages With out FHA Backing

Wells Fargo WFC 2.72% & Co. is rolling out a brand new mortgage for debtors making minimal down funds, an providing that would enable the financial institution to step again … Read More