Economy

The large number of overleveraged commercial mortgage-backed securities loans coming due in 2019 is likely to cause the payoff rate to drop an additional 9 percentage points by December, a Morningstar report said.

Dan Gilbert, the billionaire founder of mortgage giant Quicken Loans Inc. and owner of the NBA's Cleveland Cavaliers, is "awake, responsive and resting comfortably," a day after suffering a stroke.

The sale of Lisa Kloid's Northeast Baltimore house was moving along quickly. It went under contract in April after less than a month, and the settlement was moved up to accommodate the eager first-time buyers.

Kushner Cos., the real estate firm owned by the family of President Donald Trump's son-in-law Jared Kushner, has received about $800 million in federally backed debt to buy apartments in Maryland and Virginia.

Baton Rouge-area home sales rose 2.8% in April compared to 2018, the second time this year there has been a year-to-year increase in sales.

The FHFA director’s recent comments about whether the government-sponsored enterprises should be designated as SIFIs tees up a potentially significant element of the mortgage finance debate.

Big and bold ideas often bomb out in the Legislature. And the biggest bill of this young session — a proposal to spur high-density housing — just blew up.

Delinquencies associated with the government-sponsored enterprises high loan-to-value ratio programs that target low-to-moderate income homebuyers are slightly better than expected, at least early on, according to Fitch.

Four real estate professionals could face up to 30 years in prison and hefty fines after being indicted on charges related to allegedly defrauding Fannie Mae, Freddie Mac and multifamily lenders.

South Florida's spiraling home prices may be on the verge of calming down a bit.

FHFA Director Mark Calabria should ensure the government-sponsored enterprises hold at least 4% of total assets as part of housing finance reform.

In a weak first quarter, housing activity held up better for first-time homebuyers than others, according to a new Genworth Mortgage Insurance report.

Government-sponsored enterprise executives say they want to continue to offer credit risk transfers and guarantee-fee parity after the GSEs are released from conservatorship, but they might not be able to.

The development of a replacement index for the London interbank offered rate brought back memories for one secondary market participant of the technology disaster worries many had at the turn of the century.

Regulators want Fannie Mae and Freddie Mac to build up massive amounts of capital before being freed from government control. Don Layton, Freddie's departing chief executive officer says that's easier said than done.

The era of plentiful refinance volume is over for the foreseeable future, because mortgage rates remained in a very narrow band for the past decade, said Mortgage Bankers Association Chief Economist Mike Fratantoni.

Even as he blocked a major legislative push to spur more apartment construction around public transit and in wealthy suburbs, state Sen. Anthony Portantino acknowledged the need to address a shortage of housing in California.

One of the hardest financial parts of buying a new home is coming up with the initial down payment on the mortgage loan.

San Jose is slowly chipping away at Mayor Sam Liccardo's goal of building 10,000 affordable homes by 2022.

With prospects for government-sponsored enterprise reform improving, players in the private residential mortgage-backed securities market are starting to think about how they could better compete against the GSEs while awaiting change.