Economy

With a growing market share of home sales and wider breadth of services, Redfin posted significant annual revenue gains.

Refinance volume slipped following growth in mortgage rates, and loans refinanced through the Home Affordable Housing Program barely made a dent in overall volume, according to the Federal Housing Finance Agency.

Home sales fell for the third straight month in January, as buyers closed on 362 fewer homes than they did last year at the same time, according to the Houston Association of Realtors.

The government-sponsored enterprises are going through a transition period. From proposals for rebuilding their capital cushions to tackling shortages in affordable housing, Fannie Mae and Freddie Mac face a number of key challenges with wide-ranging consequences this year.

Amazon.com Inc.'s decision to drop its expansion plans in the Long Island City neighborhood of Queens plunged local real estate brokers into despair — just months after the euphoria that followed the company's announcement that it would open offices there and bring thousands of jobs.

Amazon.com Inc. said it's pulling out of a plan to build a headquarters in New York City, after a backlash from some residents and politicians.

Rep. Blaine Luetkemeyer, R-Mo., told the mortgage giants' chief federal regulator that the Financial Accounting Standards Board’s new model for estimating loan losses could pose risk across the mortgage market.

Mortgages rates fell to their lowest levels since early 2018, but positive news involving trade and no new shutdown could send them rising again, according to Freddie Mac.

From Romeo, Colo., to Valentines, Va., here's a look at closing costs in some of the country's romantically-named cities this Valentine's Day.

The private equity acquisition of the fintech vendor Ellie Mae will give it some breathing room in a declining originations market because it will have a more patient and strategic investor than its myriad shareholders as a public company.

Ginnie Mae should not overreact in supervising smaller, more diversified mortgage bankers, but rather scale its approach in line with the concentration of risk that different-sized servicers pose.

Industry observers will be closely monitoring Mark Calabria's testimony before the Senate Banking Committee on Thursday for hints about how the Trump administration plans to proceed on mortgage finance reform.

Mortgage applications decreased 3.7% from one week earlier, because of consumer concerns over the direction of the economy outweighed lower interest rates, according to the Mortgage Bankers Association.

Home prices in the greater New Orleans region were on the rise at the end of 2018, according to the National Association of Realtors.

The mortgage loan origination system developer Ellie Mae is going private, agreeing to be acquired by the private equity firm Thoma Bravo in an all-cash transaction valued at $3.7 billion.

Economic growth in the Rockford, Ill., region helped the housing market reach sales milestones in 2018 not seen in more than a decade.

Homebuilders in the Twin Cities are off to a running start this year, but topping 2018 won't be easy.

Stable equity and debt availability should keep multifamily and commercial real estate originations in line with 2017's peak, according to the Mortgage Bankers Association.

Late payments on loans backing commercial mortgage bonds continued falling at the start of the year, due to strong new issuance volume and continued resolutions for precrisis loans by special servicers, according to Fitch Ratings.

The rising cost of housing in the Bay Area has dramatically resegregated neighborhoods by race and pushed minority families to the outer edges of the region, a new paper shows.