Economy

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.

Velocity Mortgage Capital's new loan for income-producing residential and small-balance commercial properties was designed to afford investors more payment certainty than traditional bank financing.

The head of Fannie Mae and Freddie Mac’s regulator blamed “burdensome” local regulations for a lack of housing supply, and also provided an update on the administration’s plan for GSE reform.

The spring home buying market got off to a disappointing start in April, as sales sputtered and the state marked the ninth consecutive month of year-over-year sale declines.

The nonconforming market is ready to absorb most of the government-sponsored enterprise loans covered by the QM patch, but not all of them, according Redwood Trust.

The launch of a combined securitization platform for Fannie Mae and Freddie Mac is meant to ease the transition to a new housing finance system. But questions remain about how the mortgage sphere will adapt to the single security.

Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday.

Expectations of economic growth paint a sunny picture for summer home buying with consumer confidence near an 18-year high, but borrowers' mixed view of their income prospects could compound affordability constraints.

The Pittsburgh City Council has given preliminary approval to a plan for distributing $10 million in 2019 from an affordable housing fund.

Freddie Mac uncovered a growing number of fraudulent school records and work histories in California, where Fannie Mae also has noted increasing instances of falsified employment information.