WeWork is renegotiating leases in an effort to reduce costs. In a 2021 commercial MBS from JPMorgan Chase, the monthly lease payment dropped by 25% and cash reserves in the deal are dwindling.

Originations of home equity lines of credit and closed-end second liens declined somewhat in the third quarter. Home price appreciation was offset by rising interest rates. (Includes three data tables.)

The Financial Stability Oversight Council’s annual report included four recommendations to address concerns about risks from nonbank mortgage servicers.

It's the third securitization from JPMorgan Chase this year with HELOCs from nonbanks.

Homes in 88% of metropolitan statistical areas in the country are overvalued, according to Fitch Ratings.

Applications for purchase mortgages for new homes were up in November while total purchase-mortgage application volume was down on an annual basis.

Loan applications declined even as interest rates came down further.

Debo Adegbile, the lawyer retained by Navy Federal, is a former commissioner on the United States Commission on Civil Rights.

Fannie Mae expects a slow pace of recovery from previously recessionary levels of housing activity.

The Financial Stability Oversight Council pointed to systemic issues if nonbank servicers fail.