Economy

Ginnie Mae is examining whether the shift in business to nonbank issuers has implications beyond the risks it has historically looked at, and identifying advantages that should be nurtured as well.

The $10 million home that just went on the market in Bennett Valley was built with tech money and there's a good chance tech money will buy it.

The use of financing to buy fix and flip properties increased 35% annually by dollar volume to its highest level in nearly 12 years, according to Attom Data Solutions.

After a sustained downward trajectory, nondepository mortgage companies added 1,200 workers in April, a modest boost for lenders during prime season for the housing market.

Freddie Mac plans to introduce a mortgage this month that will simultaneously finance the purchase price of the home and improvements that will be completed after closing with a single loan.

The Federal Housing Finance Agency has far more authority to upend the status quo than most realize, according to a new report.

Median sale prices for Oahu homes dipped last month in what continued a trend this year of light, mostly downward movement for the broad measure of Honolulu housing costs.

Independent mortgage banks became profitable again at the start of the year after realizing losses of $200 for each loan they originated in the fourth quarter of 2018, according to the Mortgage Bankers Association.

A long list of "preparatory steps" means that any potential Fannie Mae and Freddie Mac initial public offerings are at least three to four years away, according to Raymond James.

The median sale price for single-family homes in Cuyahoga County, Ohio, climbed in May for the third consecutive month, reaching $157,500 in the suburbs and $139,000 countywide.

Toronto's housing market came storming back in May as sales in Canada's biggest city soared 19% from the same month a year earlier.

One of the nation's largest homebuilders, Toll Brothers Inc., is looking to build a 913-house subdivision in Eagle, Idaho.

Many community banks have given up on national mortgage platforms as not worth the effort, but organizers of NXG Bank in Maryland say they have a plan to make one work.

Homeowner remodeling spending should moderate across the majority of the nation's largest metropolitan areas as home price appreciation cools, according to the Joint Center for Housing Studies of Harvard University.

Manhattan condo owners who've enjoyed property-tax reductions are heading for the exits of their posh buildings as their breaks are set to expire.

With the Trump administration appearing willing to shake up Fannie Mae and Freddie Mac without Congress, Reps. Lacy Clay, D-Mo., and Sean Duffy, R-Wis., said legislative action should be a priority.

Just over two weeks ago, California lawmakers were planning to advance some of the most aggressive policies in the nation to combat rising housing costs.

The assumption that conservatorship can end without significant changes in how the GSEs operate may be the most dangerous one of all.

The consolidation of the two companies' securitization platforms into a single bond market became official on Monday.

There's been chatter about whether the government-sponsored enterprises should be considered systemically important. But supporters must consider that such a designation would put the Fed in charge of their supervision, a step that would do more harm than good.