Economy

Customers are increasingly demanding that their mortgage providers provide more than loans; they want help finding a realtor and handling all the pieces of the mortgage process, said Anthony Hsieh, CEO of loanDepot, during the opening keynote at Digital Mortgage.

While new-home construction and sales should rise in the next 18 months, next year's mortgage origination volume estimate was cut slightly as the economy is expected to slow down soon, said Fannie Mae.

Commercial mortgage-backed securities delinquency rates are likely to continue to decrease for the rest of the year, as new issuances outpace maturing loans and precrisis loans continued to get resolved by special servicers, Fitch Ratings said.

A decade after the credit crisis, investors are returning to where it all began. The mortgage sector, blamed in large part for the near-collapse of the global financial system, is now seen by many as a high-quality market forged by fire.

The agency’s director has been under pressure to quit as he is investigated for sexual harassment allegations, but an agency spokesperson says he still plans to testify at a housing finance hearing slated for later this month.

The federal conservatorship of Fannie Mae and Freddie Mac was never supposed to be permanent. Leaving the situation unresolved keeps the agencies undercapitalized and taxpayers exposed to their risk.

If you bought a Bay Area home in 2012, pat yourself on the back.

New Penn Financial has launched a condo loan program that features more flexible property restrictions than what's allowed under Fannie Mae and Freddie Mac guidelines.

Staggering home prices and steep tax rates are pushing people from expensive cities along the coasts to more affordable locales.

The Federal Housing Finance Agency issued a proposal Wednesday that would require mortgage giants Fannie Mae and Freddie Mac to align their policies on cash flows for current mortgage-backed securities, and eventually for a uniform security when it is implemented next year.

Homebuyers are seeking financing options first before even looking for a house, according to loanDepot.

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.