Economy

After months of backsliding followed by a modest increase in April, nondepository mortgage companies added 3,200 workers in May, as the overall job market gained steam.

The value of construction projects started in the greater Houston area fell sharply across both the residential and nonresidential sectors in May, according to a new Dodge Data & Analytics report.

The post-crisis operational improvements at both Fannie Mae and Freddie Mac have resulted in stronger mortgage loan performance, a Fitch Ratings report said.

In a blow to a city struggling to build enough affordable housing, a controversial proposal to house formerly homeless people in buildings constructed from recycled shipping containers not far from San Jose's Willow Glen neighborhood has stalled.

Mortgage lenders might be feeling a little less stressed over False Claims Act actions being brought against them following recent headlines but there is still some work to be done before they can chill out.

On the heels of Independence Day, here's a look at how housing affordability measures up across states occupying America's 13 original colonies.

Manhattan home sales perked up in the second quarter from a prolonged slump, as buyers raced to close deals ahead of a July 1 tax increase on higher-priced properties.

House flipping is back in a big way in Ohio, driven by low home prices and strong demand for the finished product.

County supervisors approve a disputed project. Gov. Gavin Newsom agrees to a statewide housing policy. President Trump moves to ease home-construction regulations across the nation.

Former Freddie Mac CEO Donald Layton has joined the Harvard Joint Center for Housing Studies as a senior industry fellow focused on reform of the government-sponsored enterprises.

Colorado's hottest real estate market this year isn't Denver or Colorado Springs or Fort Collins. It is Pueblo, which reflects a larger national trend that has buyers scrounging through the bargain bin to find homes they can afford.

Homebuilders that team with mortgage lenders get higher levels of borrower satisfaction with the finance process, according to a loanDepot study. This comes as more consumers are evaluating financing options first, highlighting an opportunity to reach them earlier on.

Despite rising delinquency levels, borrower performance on the underlying mortgages in GSE credit-risk transfer securitizations is strong enough to warrant ratings upgrades to more than half of nearly 1,200 outstanding note classes.

A cocktail of simmering home price appreciation, declining mortgage rates and stronger employment shot the country's housing market outlook to a three-year peak, according to Nationwide.

On sunny days, the Grand Venezia at Baywatch condominiums in Clearwater, Fla., offer a view of Old Tampa Bay that calms the mind.

Average mortgage rates dropped for the seventh time in the last nine weeks following news from the Federal Reserve of a possible near-term rate cut, according to Freddie Mac. The 30-year fixed-rate mortgage fell to its lowest level since November 2016.

EF Hutton admitted in a court filing that it has defaulted under the terms of its contract with a real estate company and that the company has rightfully accelerated the debt.

An Ohio county would invest an additional $65 million to spur construction of 2,050 affordable housing units over the next decade under recommendations included in a broader economic development plan.

From Seattle to Pittsburgh, here's a look at the 12 best housing markets for homebuyer purchasing power, characterized by a favorable combination of local wages and lower property values and mortgage rates.

There is bipartisan agreement in the Senate that Fannie Mae and Freddie Mac are "too big to fail," but some lawmakers are skeptical that a SIFI designation is appropriate.