Origination

The House Financial Services Committee passed two flood insurance bills but postponed more work until next week.

A former Nomura Holdings trader was found guilty of conspiring to lie to clients about mortgage-bond prices, while another was cleared of all charges in a verdict that highlights the challenge of policing fraud in the market.

The online lender, which focuses on high-earning millennials, is offering assurances that it will also serve Americans who make less money. But the company has not convinced critics, who say the plans are inadequate.

Homebuilders might be starting to feel some pressures of scarce labor and rising prices as sentiment slipped to a four-month low in June.

An Ames family will finally be able to call themselves homeowners, thanks to Habitat for Humanity of Central Iowa and a $50,000 grant from the Iowa Finance Authority Board of Directors.

Freddie Mac has priced its first credit-risk transfer securities backed in part by tax-exempt loans used to finance affordable multifamily rental properties.

Mortgage rates increased for the first time in over a month, but the increase might be short-lived, according to Freddie Mac.

The Bay Area's super-costly housing market has made it hard — sometimes impossible — for schoolteachers to put down roots and buy homes near their jobs.

New home purchase application activity bounced back in May as sales of these properties increased by 5.6% compared with April.

The move follows mounting criticism that many homeowners using property assessments to finance energy efficiency upgrades can neither understand, nor afford, the terms of deals.