Economy

For months, Seattle-area home prices have been teetering between growth and decline.

Despite today's high tech salaries, two-income households, and a swelling economy, the current generation of Bay Area residents spends much more of their income to buy a house compared to their parents and grandparents.

The Delaware company, best known for issuing prepaid cards, has ramped up commercial real estate securitizations. The shift promises to deliver big fees, but it could also cause headaches if defaults spike.

Any growth in housing starts and home sales in the second half of 2019 will be muted by continuing inventory constraints and rising home prices, according to Freddie Mac.

Fed up with the high taxes and regulation back home in New York, retired officer Thomas Maloney and his wife, real estate agent Theresa Hart, are looking to offload a home in Long Island — quickly.

Lenders looking to keep up with the competition should adopt a digital mortgage process because a key borrower segment and the government-sponsored enterprises increasingly expect them to offer one.

From Jacksonville, Fla., to Seattle, here's a look at the 12 most favorable housing markets for homebuyer purchasing power, based on a combination of local wages, lower property values and mortgage rates.

Removing Federal Housing Administration-insured mortgages with natural-disaster forbearance from the agency's delinquency tracking database would give investors a less-distorted view of loan performance, according to the Community Home Lenders Association.

Sachem Capital Corp., a hard-money mortgage lender that makes short-term loans to investors, has raised $10 million in gross proceeds from a public offering of 2 million common shares.

Home sales declined in June nearly 10% and condo sales plunged nearly 12% compared to last June as the median sale price for both homes and condos in Massachusetts soared to all-time highs.

The mortgage industry was caught off guard by regulators’ decision to cease special treatment for Fannie Mae and Freddie Mac in complying with underwriting rules. But how big of an impact will the new policy have?

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.