Economy

Mortgage credit availability increased in October from the previous month, as mortgage lenders increased their product offerings outside the government market, according to the Mortgage Bankers Association.

Fannie Mae and Freddie Mac’s exemption from the Qualified Mortgage rule is on borrowed time, but a House bill would allow lenders to use the mortgage giants’ guidelines for documenting borrower income.

Columbus was the nation's third-hottest housing market in October, but this time Columbus shared the spotlight with other Ohio cities.

The two newest private mortgage insurance companies had their best quarters ever for new insurance written, aided by the increase in consumers refinancing with less than 20% home equity.

Albuquerque's home prices continued to rise during a busy summer, according to a new industry report.

In the latest example of a new wave of mortgage-related fintech investment, Snapdocs will boost its artificial-intelligence capabilities with its new $25 million funding round.

Though still comparatively strong, consumer confidence in the housing market dropped again in October in response to economic uncertainty and lack of affordability, according to Fannie Mae.

Mortgage rates fell for the first time in four weeks, although given investor optimism over better economic news, it might be a blip, according to Freddie Mac.

The price for a home in Southern Nevada didn't move much in October, according to the Greater Las Vegas Association of Realtors.

For months now, the question in metro Denver's real estate market has been where have the buyers gone. But in October, a whole bunch of sellers went missing in action as well.

The housing bond measure, the largest of its kind in San Francisco's history, comes as the ballooning wage inequality has sent the city's homeless population skyrocketing 17% over the last two years.

Toronto's housing market continued to bounce higher in October, with prices rising the most in almost two years amid dwindling supply.

An increase in credit risk transfer activity since 2015 signifies a sea change for private mortgage insurers that may be about to intensify, according to an industry trade group.

The pace of Colorado Springs-area home construction picked up again last month, as rock-bottom mortgage rates and a strong local economy continued to drive the local demand for houses.

The Supreme Court is ready to weigh in on the CFPB’s leadership structure, but both agencies are facing similar constitutional challenges, suggesting a broader impact of any decision.

The Federal Housing Finance Agency is seeking comment on a proposal that could pave the way for potential Fannie Mae and Freddie Mac competitors to use the uniform mortgage-backed security structure.

Orix Corp. has agreed to buy U.S. commercial real estate lender Hunt Real Estate Capital, its latest acquisition in the field.

Early payment mortgage defaults went to the highest level in nearly a decade, particularly among loans included in Ginnie Mae securities, a Black Knight report said.

Prosper hopes to do for lines of credit what it did for unsecured personal loans, while BBVA hopes to provide a better experience for customers.

Nonbank and bank mortgage employment has leveled off in line with typical seasonal trends, but some lenders remain more interested in hiring than is usually the case late in the year.