The Latest

The PSMC 2019-3 Trust is bringing $298.6 million in notes to the market, backed by residential mortgages rounded up by subsidiaries of American International Group.

Interest rate swings during this past week resulted in a decline in both refinance and purchase mortgage applications compared with the previous period, according to the Mortgage Bankers Association.

The number of homes sold in the Dayton, Ohio, area last month jumped significantly in a tight housing market.

Home sales statewide in September kept New Mexico on track for its second-best year — behind 2018 — since the New Mexico Association of Realtors started keeping sales records in 2008.

At a House hearing covering a whole host of housing finance reform topics, Fannie Mae and Freddie Mac's regulator said "if the circumstances" call for eliminating investors, "we will."

The housing finance industry supports a proposed rule revision that would exempt banks regulated by the Federal Deposit Insurance Corp. from an RMBS disclosure requirement.

Sales of previously owned homes declined in September to the slowest pace in three months as higher prices limited the recent progress in residential real estate that has been aided by low mortgage rates and consistent wage gains.

Compass launched its bridge loan services program, aimed at giving homeowners more purchasing power and opportunity to buy a new house before selling theirs.

Charlotte's housing market saw a welcome spike in sales in September, but the lack of supply of homes continues to worsen.

New homes are on the upswing across Bakersfield as a shortage of resale properties, combined with financial incentives and creative amenity packages, persuades shoppers to take a second look at some of the city's newest neighborhoods.