Economy

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.

Robert Broeksmit has a tough act to follow succeeding David Stevens, the CEO revered for navigating the Mortgage Bankers Association through one of its most tumultuous eras on record. But in doing so, Broeksmit has a distinct advantage over many of his predecessors: inheriting an organization on the upswing.

June 07--Prices for existing homes sold in Southern Nevada are approaching record levels, according to a monthly report from the Greater Las Vegas Association of Realtors.

More than half of the country's top housing markets are considered overvalued. Here's a look at the 12 cities where this trend is the most severe.

Continued optimism in the sell side of the real estate market outweighed the growing negative perception on the buy side, as consumer sentiment about purchasing a home reached a new high, according to Fannie Mae.

Despite gross home flipping profits hitting an all-time high in the first quarter, the average return on investment neared a three-year low, according to Attom Data Solutions.

Tucson's economy is expected to post healthy gains in jobs, population and income next year, but it's getting tougher to afford a home here.

June 04--DeLeon Realty used to shuttle Chinese investors on home tours around Silicon Valley in a 14-seat Mercedes van.

Declining mortgage origination volume and record-high costs drove production income for independent mortgage bankers into negative territory, according to the Mortgage Bankers Association.

The Atlanta bank had previously failed compliance metrics in five straight quarters before passing them last year, according to the settlement's monitor.

Fannie Mae is lowering down payment requirements and lender fees on manufactured housing loans to improve affordable housing access.