Economy

While strong housing demand continues in Central Texas, new numbers show the area's homebuilding pace slowed in the second quarter as builders grappled with a shortage of lots.

When a recession occurs, it won't be because of the housing market, according to Zillow. Unlike 2008, 2020 forecasts a gradual slowdown in housing rather than an abrupt crash.

Altisource Portfolio Solutions cut its previous-quarter net loss by 49% in its most recent fiscal period, when property maintenance revenue and new Hubzu real estate auction site inventory increased.

The median monthly rent for an apartment in Las Vegas has jumped more in the past year than any other major U.S. metro area, according to a new report.

The real estate industry may soon find out whether house hunters will look for homes in the place where they already shop for everything else.

Ginnie Mae is requesting feedback on a new proposed stress test for mortgage-backed securities issuers that would take into account the government agency's increased nonbank counterparty risk.

The incentives are stronger than ever to work toward standardizing the documentation, language and process for loans in commercial mortgage-backed securities to be combined with PACE financing.

Southwest Florida apparently escaped the free fall in foreign investment in residential real estate that hit much of the country. And the Sunshine State remains the most appealing to those property buyers, besting California and Texas.

Jefferies is housing the initial round of $300 million in loans under a repurchase agreement with four lenders, as well as with the trust established for the transaction in Jefferies’ standing as the repo seller.

Two key economic forces are responsible for driving single-family housing forward, but their potential is limited, according to the National Association of Home Builders.

Black Knight created a pair of tools for its MSP servicing system in order to help mortgage services identify loans in their portfolio tied to areas affected by natural disasters.

Weighing in on interest rate and other uncertainties facing all banks, Citizens Financial CEO Bruce Van Saun emphasized investments in point of sale, digital banking and other initiatives meant to enhance revenue down the road.

The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.

Although the presidentially directed reports on housing finance reform are "essentially done," FHFA Director Mark Calabria doesn't expect them to be published until August or September.

An expanding gap between sharp home price appreciation and relatively feeble income growth dating back to 1960 brewed America's affordability crisis, according to Clever Real Estate.

An important traditional tool of monetary policy has been diminished and may even become counterproductive in the future.

Foreign purchases of U.S. residential real estate fell 36% to the lowest annual rate since 2013, as slowing overseas economies, the strong dollar and the White House's anti-immigrant rhetoric put a chill on demand.

After a jump in May home sales, North Texas housing activity retreated in June.

The decision gives the vast majority of banks and credit unions another year to implement the controversial accounting method for loan losses.

The Minneapolis bank reported growth across several lending and noninterest income categories in the second quarter, which offset net interest margin pressures and declining deposit service fees.