Economy

The bill aimed at helping struggling homeowners also requires documentation of servicer behavior and FHFA evaluation of the services provided to borrowers.

The cost of buying a home in Massachusetts is on the rise.

A declining share of cash home sales will drive purchase home originations higher than previously expected through 2019, according to Fannie Mae.

Canada's home sales were little changed in May, suggesting the residential real estate market is stabilizing after seeing large declines earlier this year.

The House Financial Services Committee approved a bill that would roll back the requirements of the TILA-RESPA integrated disclosures rule for charities like Habitat for Humanity and instead allow them to use the old good faith estimate and HUD-1 mortgage forms.

Atlanta was recently ranked among the top metros in the United States to buy rather than rent. But how much do you need to be earning to afford a home in town?

Maintenance and renovations aren't keeping up with the nation's aging housing stock, creating an influx of obsolete properties that's adding further strain to an already tight inventory of homes for sale.

The high number of home sales both above and below the list price in May, combined with rising mortgage rates and prices, was a sign buyers are near affordability limits, Redfin said.

Sales of nonperforming loans by Fannie Mae and Freddie Mac slowed during the past year as the number of delinquent loans on their books continued to drop.

Houston's luxury home sales remain sluggish even as oil prices are rebounding from the downturn, a new housing report shows.

Freddie Mac hit the $1 trillion mark on credit risk sharing for single-family mortgage loans with its second lower LTV deal of the year.

Goldman Sachs affiliate MTGLQ Investors won another bid for Fannie Mae's nonperforming loans, persisting as a buyer for the product even as Fannie keeps working to diversify the investor base.

Mortgage credit availability increased in May by 1.5% as more jumbo and high-balance conforming loan products came on the market, the Mortgage Bankers Association said.

Opendoor, a startup that uses computer algorithms to buy and sell homes, has closed a new fundraising round in a bid to supercharge growth.

Baltimore-area home sale prices were up again in May, with the stock of homes for sale continuing to decline, according to data provided by MarketStats by ShowingTime based on listing activity from Bright MLS.

New Orleans is falling further behind when it comes to providing affordable housing for its low-income residents, with fewer than 200 units added since last fall, and is unlikely to achieve the goals set by housing advocates and the city itself, according to a new report.

The net share of government and agency mortgage lenders who found spring homebuyer demand to be strong enough to drive purchase loan growth is considerably lower than three years ago.

North Texas home sales surged in May, setting new records.

Los Angeles and Inland Empire house prices increased by more than 8% for the second month in a row in April, the CoreLogic Home Price Index showed.

Taking a home in metro Denver from listing to the closing table now only takes 41 days on average, one of the shortest turnaround times in the country, according to a new study from Trulia.