Economy

Freddie Mac saw a decline in net profit in 2019 due to decreased interest rate income, lower amortization revenue and risk-reducing investment costs, but its consecutive-quarter results improved.

Fannie Mae identified the adoption of hedge accounting and regular issuance of multifamily Connecticut Avenue Securities deals as among strategies it could continue to pursue while navigating regulatory uncertainties and change.

Five MBS pools of predominantly non-QM mortgages have been launched into the market by originators and loan aggregators, according to ratings agency presale reports published since Monday.

First American Financial, a title insurance underwriter and settlement services provider, is acquiring mortgage document firm Docutech for $350 million in cash.

Mortgage rates ticked up slightly, marking the first increase in four weeks, but they remain at levels which encourage borrowers to refinance, according to Freddie Mac.

Real estate in the Magic Valley region of Idaho keeps getting more valuable.

Whether a deal involves a minority stake or a whole company carve-out, buyers and sellers should be aware of five issues that may pose transaction risk in the mortgage market.

Mortgage delinquencies dropped to a 40-year low in the fourth quarter as strong employment bolstered borrowers' ability to make timely payments, the Mortgage Bankers Association said.

The unsuccessful scheme has become the focus of a legal battle involving two former Federal Home Loan Bank of San Francisco employees against that government-sponsored enterprise, which fired them in 2018.

Banks' lowering of origination fees and loosening of underwriting standards often foreshadow a downturn.

From the heartland to the desert, here's a look at 10 housing markets where buyers are looking to move — and the high-cost markets they're leaving, according to Redfin.

The government-sponsored enterprises’ plan to cease accepting loans pegged to the London interbank offered rate a year ahead of its scheduled expiration is expected to hasten action in securitized markets.

Simon Property Group agreed to buy rival shopping-mall operator Taubman Centers for about $3.6 billion, a combination that comes as e-commerce continues to roil brick-and-mortar retail.

Consumer sentiment about purchasing a home nears its record high as almost half of those surveyed said mortgage rates will stay at the current low levels, according to Fannie Mae.

Galvanized by the Moms 4 Housing standoff that drew national attention to the region's affordability crisis, Oakland officials may soon overhaul the way homes are bought and sold and other Bay Area cities are considering similar measures.

Canadian builders began 2020 with a strong rebound in housing starts that is good news for the nation’s increasingly tight real estate markets.

Unexpected rate drops and other factors drove a surprising rebound in nonbank mortgage hiring during what is usually a slow season.

To paint nonbanks as a source of systemic risk, particularly given the track record of commercial banks in causing the 2008 subprime mortgage fiasco, seems absurd.

While loan officers will remain mortgage lenders' leading business development tool in the future, those originators believe business will come from a more diversified source pool, a Fannie Mae survey found.

Mortgage rates continued their slide this week, which along with positive economic news should continue to pump up purchase demand, according to Freddie Mac.