Economy

Housing finance reform is still likely years away, but a growing chorus of lawmakers say the government guarantor has the ability to clear the path to a final plan.

Fund manager Varde Partners wants to grow its partnerships with lenders and servicers interested in selling off their excess mortgage servicing rights.

Mortgage credit accessibility dropped for the first time in four months as jumbo loan products took a step back, according to the Mortgage Bankers Association.

The number of Colorado Springs-area homes for sale climbed to a two-year high last month, a sign that buyers finally might be in a better position in a housing market that's favored sellers for the last few years.

The central bank, which received broad authority after the crisis to supervise big banks, is expected to get more attention from lawmakers over its discretion to ease banks’ burden.

Houston area home prices rose 5.4% over the last year through July, slightly below the national appreciation rate of 6.2%.

Seattle is known for its hip neighborhoods, soaring home prices, and being home to Amazon.com Inc., the world's most valuable company. So why is its rental housing market experiencing the most severe slowdown in the U.S.?

The number of workers employed by nonbank mortgage lenders and brokers reversed course and inched lower in July as affordability constraints and limited income gains reduced demand.

Consumer confidence about the U.S. economy is not correlating with their views on the current state of the housing market, Fannie Mae said.

Home sales and the median price of homes mostly rose on the Big Island and Kauai in August, according to local real estate agent trade association data.

The proposal by Reps. Jeb Hensarling and John Delaney is a sign that a bipartisan consensus is building on how to move on from Fannie and Freddie.

Freddie Mac is promoting Executive Vice President David Brickman to president and will consider him among possible candidates to be the agency's next CEO after Don Layton retires next year.

As the demand for home rentals continues to rise, regulatory burdens could decrease the multifamily housing supply and drive up costs, witnesses said at a congressional hearing.

The Treasury Department and a key housing regulator are preparing to fill a second possible vacancy atop a U.S.-controlled mortgage giant, a move that could strengthen the Trump administration's hand in addressing unfinished business from the 2008 credit crisis.

The Federal Housing Administration is providing a new waiver that gives mortgage companies the ability to start inspecting properties affected by Kilauea Volcano lava flows in Hawaii.

Delinquencies for loans securing commercial mortgage-backed securities continued to decline, although they are still well above rates for other types of investors, according to the Mortgage Bankers Association.

The local real estate market had a summer as hot and record-breaking as Savannah's temperatures with more than 1,500 homes selling across Bryan, Chatham and Effingham counties during June and July.

Maybe political winds or another downturn will spark housing finance reform. But 10 years after the conservatorships began, the companies are still in perpetual limbo.

Tax foreclosure filings in Philadelphia have skyrocketed 1,200% since 2010, so the city is promoting its homestead exemption to keep people in their homes.

U.S. construction companies are grappling with a widespread labor shortage that is exacerbating the cost of housing and other buildings, according to a new survey.