Origination

Defaults on first-lien mortgages fell 5 basis points in May from the previous month, dropping to their lowest level in a year, according to the S&P/Experian Consumer Credit Default Index.

Federal Reserve Vice Chairman Stanley Fischer said a long period of low interest rates may have contributed to "high and rising" home prices in several countries, cautioning against forgetting the lessons of the 2007-09 housing crisis.

The market for existing-home sales underperformed its potential by 3.8% because of the inventory shortage, according to First American Financial Corp.

The Senate voted 95-4 on Tuesday to confirm Brock Long as the next head of the Federal Emergency Management Agency.

The young adult homeownership rate should increase by 1.5 percentage points over the next two decades as education attainment among racial and ethnic minorities continues to rise.

More homes went on the market last month than in any since 2008, a sign that the logjam that's characterized the Portland-area market in recent years could be breaking.

Metro Atlanta housing got a healthy dose of same-old, same-old in two new reports.

With refinancing coming in a little stronger than expected and underwriting loosening, Fannie Mae has slightly increased its forecast for total volume in 2017.

While home prices have increased sharply in expensive coastal cities, plenty of urban centers are lagging behind.

PHH Corp. completed the sale of its Freddie Mac mortgage servicing rights portfolio to New Residential Corp. for $102 million, but the sale of the Fannie Mae MSRs will take place in the third quarter.