Economy

Homeownership levels reached their highest point since the third quarter of 2014, but some races saw their rates fall, according to the U.S. Census Bureau.

Politico reported Friday that the head of the Federal Housing Finance Agency is being accused by an employee of making inappropriate sexual advances.

Would-be homebuyers in New York's Hamptons are holding off on purchases as they wait for sellers to bring prices down.

Fannie Mae has issued securities supporting the transition away from the London interbank offered rate; something that could become more pressing for lenders if adjustable-rate mortgages were to become more prevalent.

The Marin, County, Calif., median home price jumped to $1.165 million in June, up 8.4% over the $1.075 million median price in June 2017.

International activity in the U.S. real estate market plummeted as foreign homebuyers are competing with domestic purchasers for a limited supply of homes, according to the National Association of Realtors.

Blackstone Group has made its first bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group.

Although the number of sales slowed, Rhode Island's median house price for the second quarter, $280,000, was the highest quarterly price in 11 years.

Wells Fargo is considering a sale of commercial real estate broker Eastdil Secured, according to a person briefed on the matter.

Whoever succeeds current Director Mel Watt will have a front-and-center role in efforts to reform Fannie Mae and Freddie Mac.

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.