Economy

The real estate service Zillow has tried to quantify what has long been real estate conventional wisdom: That gay neighborhoods carry a premium over other neighborhoods.

San Bernardino County, land of the most affordable housing in Southern California, bucked a regional trend of slowing home appreciation in May, seeing its year-over-year prices rise 10.5%.

The unrated notes being issued by the FREMF 2019-KG01 Mortgage Trust are backed entirely by workforce housing loans for green-friendly upgrades of older apartment buildings that fulfill affordable housing needs in communities.

Freddie Mac fulfilled its promise to offer a single mortgage that finances the home purchase price and improvements completed after closing.

May housing numbers are on the same track as previous months this year, not as good as 2018's record setting year, but better than any other year since 2008, according to the New Mexico Association of Realtors.

As officials prepare plans for the government-sponsored enterprises' exit from conservatorship, there's no shortage of speculation about what those plans might look like and how they might affect the mortgage industry.

New-home sales in the Houston area rose for the fourth straight month in May, but the market could be tightening as the number of pending sales continued to decline, a new report showed.

It is the largest single commitment from a tech company to fight the housing shortage that threatens to stall the economic engine of Silicon Valley, as even well-paid workers must wrestle with escalating rents or finding a home to buy.

The Rapid City Council will consider whether to approve what officials believe is the largest residential subdivision that the city has seen in decades.

Democratic presidential candidate Julian Castro called for a sharp rise in federal spending on housing for millions of Americans who are living on the street or struggling to pay rent.

The spring housing market brought some good news for both homebuyers and sellers as conditions eased up on both sides of the fence, according to Remax.

Housing finance agencies reported increased demand for their loan products, but at the same time the inventory shortage constrains activity and drives them to work with other public entities to find solutions, Moody's said.

Mortgage Industry Advisory Corp. will collect bids Tuesday on behalf of a seller for a more than $1 billion mortgage servicing rights package that includes securitized loans with alternative remittance cycles.

Higher prices but fewer sales led to a roughly $20 million reduction in residential real estate sold on Maui last month, according to the Realtrs Association of Maui.

Canadian home sales activity continued to rebound last month, suggesting the nation's housing market is improving after a sluggish start to the year.

Quicken Loans claimed victory in its dispute with the Department of Housing and Urban Development over the False Claims Act, only paying the agency for losses incurred and interest.

A historically low number of homes were built in San Diego County in the first three months of 2019.

There are clear actions that regulators at the CFPB, SEC and FHFA can take to help attract investors into the housing market, argues former FHFA Director Ed DeMarco.

Presidential candidate Sen. Elizabeth Warren, D-Mass., and another Democratic senator are asking whether Kushner Cos. "may have received special treatment" on a U.S.-government-backed loan of about $800 million.

Appraisal Logistics is letting mortgage lenders take the lead by licensing out its in-house technology platform, AIMPort.