Growth rates have approached levels observed during the onset of the financial crisis in 2008.

The average price of existing homes in the Houston area reached a record $228,650 in June, according to the local real estate group, as the number of transactions increased for the first time since January.

The U.S. homeownership rate fell by less than half-a-point in the second quarter to 65.9% as foreclosures accelerated and consumers put off buying homes because of fears about prices and the economy.

The nation's mortgage insurance firms wrote $4.8 billion of primary new business in June, the sector's best month of the year, excluding January, according to new figures compiled by an industry trade group.

PHH Corp., the nation's fifth largest residential funder, lost $41 million in the second quarter as the fair value of its mortgage servicing rights declined by $117 million during the period.

Bank of America over the past 10 days tried – and failed – to sell roughly $50 billion of 'legacy' mortgage servicing rights, according to servicing advisors familiar with the auction.

SCBT Financial Corp. in Columbia, S.C., which bought a failed bank and raised capital in February, on Friday posted its best quarterly results in two years.

In its second full quarter as a 100% stock-owned company, Capitol Federal Financial Inc. in Topeka reported earnings of $17.3 million, an increase of 11% over the same period in 2010.

A minimum credit score would not cap or regulate risk, or even measure it consistently. Instead it would ensure that the risk floor for QRMs would actually fluctuate.

The niche business inherited from Bear Stearns may have posed an image problem for a bank already grappling with mortgage PR headaches.

If I came across a borrower who is deep in debt and whose obligations exceed their income and yet continues to borrow to service those obligations, I would not consider them a good risk.

First Mariner Bancorp reported a loss of $11 million in the second quarter, plunging the ailing Baltimore company deeper into a capital hole.

The $9.5 billion-asset company in Flint, Mich., announced after the market closed on Thursday that it earned $18.5 million in the second quarter, compared to a net loss of $44.7 million a year earlier and a loss of $74.3 million in the first quarter.

Fueled by strong loan growth and improved expense control, Investors Bancorp Inc. in Short Hills, N.J., reported a profit of $19.6 million in the second quarter, up 28% from the same period last year.

Porter Bancorp Inc. in Lousville, Ky., reported a loss of $39 million in the second quarter after it wrote off scores of problem loans and took a hefty impairment charge to reflect its declining market value.

WASHINGTON – The Senate Banking Committee will hold a hearing next Thursday on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau.

Integration of rare find in Texas could be done by yearend, and Comerica will be "regimented" about future expansion, Babb says.

A downgrade could deliver a massive economic hit, affecting the quality of banks' assets and the value of their swollen investment portfolios, economists and other observers say.

Market evolution in recent decades has made it harder and harder for smaller institutions to access capital. Meanwhile, regulatory restrictions impede alternatives that could fill the void.

What a difference a couple of years makes.