Economy

Home prices slipped across Manhattan and Brooklyn last quarter, but rose in Queens, according to a new report.

Homebuilders are sinking — and blame that on disappointing economic data and earnings reports that trailed estimates.

Both home price increases and the reduction in the houses for sale inventory slowed in June, a good sign for purchase activity picking up in the second half of the year, according to Redfin.

One of the biggest trade secrets cases in U.S. history took a bizarre turn, with the company that lost a $706 million jury verdict saying it uncovered "bombshell" evidence of fraud thanks to whistle blowers who used to work for the winning side.

Nonbank mortgage-backed securities servicers increase their exposure to agency loans as the housing market distances itself from last decade's crash, according to Fitch Ratings.

Michael Bright co-wrote a paper in 2016 that envisioned making the agency a backstop for the housing finance system, but appeared to distance himself from the proposal at his confirmation hearing.

The announcement comes as Fannie Mae promoted David Benson to serve as president of the government-sponsored enterprise.

Income inequality is a significant challenge facing America. But when it comes to real estate values in local markets, significant price inequality may actually help homebuyers.

The banking industry lost a key battle in the Supreme Court over the use of “disparate impact,” but legal observers see potential for the tide to turn if Judge Brett Kavanaugh is confirmed.

The Federal Housing Finance Agency is suspending its ongoing review of new credit scoring models and will instead move forward with creating a regulatory framework for providers of alternative credit scores to apply and be evaluated for use by Fannie Mae and Freddie Mac.

The fees that Fannie Mae and Freddie Mac charge for low down payment mortgages disproportionately reflect their risk exposure and make homeownership more difficult for underserved borrowers.

There is an opportunity for home sales to break out of the doldrums if price appreciation slows, mortgage rates remain flat and supply increases, Freddie Mac said.

Fairfield County dominates the state's residential real estate market — but experts still see room for improvement.

Servicers and MSR investors face increased regulation and oversight as nearly all states now require some form of licensing for firms responsible for mortgage collections.

Rising demand and declining housing inventory are pushing home sales faster and at higher median prices than ever before, according to Remax.

The federal bank regulators are considering roughly a dozen new rulemakings in response to the bill rolling back certain sections of Dodd-Frank.

There was little doubt, but new figures from the Toledo Regional Association of Realtors confirm that any lingering effects from the Great Recession on the northwest Ohio market are pretty much gone.

Lennar Corp., the Twin Cities' top homebuilder, plans to convert the vacant land commonly referred to as the "Prince Property" into a neighborhood with 200 market-rate and luxury houses.

The high cost of preparing for both CFPB and state exams has a disproportionate impact on small independent mortgage banks that don't have the compliance economies of scale of larger lenders.

Despite dipping in June, Central Texas home sales were up in the first half of the year over the first six months of 2017, likely putting the region's housing market on track for another record year.