A lending expert with Bank of America said slowing home sales are a sign of fewer investors — but more homeowners — closing deals. Central Florida home sales decreased 11.9% year-over-year in January, ...

Gov. Gavin Newsom is forming a $125 million mortgage relief program to benefit victims of recent wildfires and natural disasters, tapping a legal settlement fund created after major lenders were ...

Synergy One Lending, a retail lender based in San Diego, is expanding its presence in the South with the addition of a new powerhouse branch.

Valeo Financial Advisors LLC grew its stake in shares of Bank of Montreal (NYSE:BMO – Free Report) (TSE:BMO) by 4.6% during ...

After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said ...

Federal Reserve Chair Jerome Powell says Americans’ bank accounts are safe despite the Trump administration’s shutdown of a ...

Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...

In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace, making the loans a potential pain point for the banks left holding them.

Jumbo loans account for 72% of the mortgage debt on affected homes, and banks are on the hook for billions should borrowers ...

While the grief of losing your home is immense, not knowing how to move forward financially may only make it worse. Here’s what you can expect in this situation. What happens to ...

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