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Blackstone Group, which led Wall Street's initial foray into the single-family rental business, is making a new investment in suburban houses at a time when the COVID-19 pandemic is pressuring traditional commercial real estate.

Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.

Pending home sales rose in July by more than forecast to the highest level since 2005, signaling the housing market’s sharp recovery will continue with borrowing costs to stay low for the foreseeable future.

While the overall amount of foreclosures continued to decline due to the coronavirus moratorium, the share of zombie properties grew during the third quarter, according to Attom Data Solutions.

As the end of the first six-month forbearance period arrives, the impact of the new cap is coming into focus.

Many mortgage companies are hoping to operate remotely through year-end and are asking regulators for relief to that end.

Mortgage rates decreased by 8 basis points this week, remaining near record lows, while a strong purchase market should continue into the fall, according to Freddie Mac.

Both the Federal Housing Finance Agency and Federal Housing Administration are extending relief for homeowners and renters due to the pandemic crisis.

Party polarization and racial equity issues make it tougher for trade groups to manage internal divisions while ensuring the field supports those who get their hands on the levers of power.

With mortgage rates and housing inventory both at all-time lows, the majority of consumers would overshoot their budgets for the right home without accounting for future costs, according to LendingTree.

Mortgage application volume decreased 6.5%, falling for the second consecutive week with refinance activity at its lowest since early July, according to the Mortgage Bankers Association.

In the list of numbers summing up the Bakersfield, Calif., single-family home market last month, one figure better than any other explains why buyers are bidding up prices lately.

Like much during the pandemic, the latest news on home prices inspires a definite sense of deja vu.

If it makes landfall as a Category 3 storm as was initially projected, damage from Hurricane Laura's surge could potentially devastate 432,810 residential properties in Texas and Louisiana, according to CoreLogic.

The former SoFi chief’s latest startup, Figure, has created what it says is a transparent marketplace for buying and selling assets. Some banks have embraced the technology, but other blockchain projects have stalled because lenders don't want rivals to see their data.

The mortgage giants were criticized earlier this month for a plan to charge an "adverse market fee" to protect against losses resulting from the pandemic.

The housing market reaped the rewards of new construction increasing before the coronavirus took effect, netting a boost in July sales, according to Redfin.

Fresno is one of the more affordable markets compared to the rest of the state, where the median home value is $258,502 with a rent of $1,395, while the average price across California is $578,267 with a median mortgage of $2,775.

The Federal Reserve could ease capital rules, foster the creation of special-purpose banks and take other steps to strengthen minority communities and businesses without legislation being sought in Congress — if it has the will to do so, experts say.