Economy

The U.S. Supreme Court may soon decide if it will intervene in a high-stakes fight over the government-sponsored enterprise net worth sweep.

The developer of three adjacent lots said one of the reasons for the sale was her time was up with her mortgage holders.

California Gov. Gavin Newsom plans to ask the legislature to revamp the current Department of Business Oversight and rename it the Department of Financial Protection and Innovation, modeled after the federal CFPB.

Massachusetts cities and towns would have new options for funding local affordable housing under a proposal rolled out on Jan. 8: a fee of up to 2% on real estate sales above the statewide median sales price, and a higher fee on certain "speculative" property sales.

Mortgage rates fell to their lowest level since October as the financial markets reacted to rising tensions caused by the U.S. government's killing of an Iranian general, Freddie Mac said.

A Conference of State Bank Supervisors subsidiary settled a lawsuit with defendants who allegedly misused and reproduced copyrighted questions from a national exam mortgage loan officers take to obtain licenses.

Federal Housing Finance Agency Director Mark Calabria discussed the possibility of having Fannie Mae and Freddie Mac operate under a consent order to allow the government-sponsored enterprises to be able to raise capital.

The owners of the former 3M corporate campus filed under Chapter 11 of the Bankruptcy Code, which cancelled a scheduled foreclosure auction of the Austin property.

The nomination deadline for the 2020 Top Producers program is coming up soon.

The Las Vegas housing market continues to ride a wave of stability as the median price for an existing single-family home in Southern Nevada last month was just under $313,000.

Getting Fannie Mae and Freddie Mac out of conservatorship has been an elusive goal. It will remain elusive, says DeMarco, in the absence of broader reform of housing finance, something that will require bipartisan support.

Goldman Sachs is sponsoring a $1.33 billion bond offering backed by commercial mortgages, in the first rated conduit deal of the year.

Home sales dropped in Toronto in December, but prices continued to rise as demand outstripped a dwindling supply of units available for purchase.

A Charlotte, N.C., developer detailed plans to build apartments and commercial space through a federal tax program that has faced scrutiny in recent months.

Borrower education stands as a barrier to homeownership for younger consumers and Freddie Mac is trying to change that.

There are an estimated 46,000 vacant homes in the San Francisco Bay Area, a surprising number in a region beset by a crippling housing shortage.

Instability among foreign relations typically drags down long-term interest rates and the latest crisis with Iran could be a catalyst for a drop in 2020, according to NerdWallet.

The FHFA’s attempt to move some of its balance sheet into the private sector could leave investors with greater liabilities than they were initially told.

Home sales in the borough slipped 1.2% in the fourth quarter, and that's the best news for the market in two years.

Freedom Credit Union has listed for sale the three downtown Springfield, Mass., office buildings it took back in November in a mortgage foreclosure.