Economy

Portland-area home prices jumped 6.7% in March compared with a year earlier, according to the S&P CoreLogic Case-Shiller home price index.

While the rate of underwater borrowers continues to decline, many cities still struggle with a deluge of homeowners with so little equity that they have limited incentive or ability to put their homes on the market.

Fannie Mae is warning mortgage lenders and servicers about possible fraud schemes in Los Angeles County involving "34 apparently fictitious employers being used on loan applications."

Marin's median home price spiked to $1.15 million in April, a 10% rise from the $1.045 million median price in April 2017.

Neighborhoods — specifically those closer to downtown, like southwest Detroit — have seen increased interest from buyers in recent years. And with the interest comes increased property values and sale prices.

To make its technology more relevant to the mortgage industry, Fannie Mae is taking a new approach to developing tools that engages lenders earlier in the process and makes lending more efficient.

Home prices in 20 U.S. cities climbed more than forecast in March, driven by rising demand and a lack of inventory, according to S&P CoreLogic Case-Shiller data.

Freddie Mac's economists took a more bullish outlook than others on the 2018 mortgage market, raising its forecast by $30 billion citing higher-than-projected refinance activity.

Even as it struggles to shelter its rapidly growing population, Idaho built new housing units at a faster pace than all but one other state, according to new data released by the U.S. Census Bureau.

If Atlanta wins Amazon's second headquarters, the region will get wealthier, but the demand for homes will soar and the gap between haves and have-nots will also likely surge.

As President Trump signed the regulatory relief bill into law on Thursday, most of the attention was on a provision to help regional banks with more than $50 billion of assets. But a majority of the new law is aimed at helping institutions below $10 billion. Here's how.

The industry’s biggest legislative victory in a decade made it to the finish line Thursday.

A group of low- and moderate-income first-time homebuyers tracked in a Fannie Mae study did not properly prepare to get a mortgage, which created a prolonged and complicated purchase process.

A mix of escalating construction costs and changes to the federal tax code is hampering San Francisco's ability to finance and build affordable housing.

Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.

From the latest economic news to the latest developments in digital mortgages, here's a look at six things we learned at the MBA Secondary Conference 2018.

Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia are acknowledging the legislative efforts to end government control of Fannie Mae and Freddie Mac are dead, at least for now.

Government-sponsored enterprises Fannie Mae and Freddie Mac are in a race to offer services and technology that help mortgage bankers raise cash from mortgage servicing rights.

Purchases of new homes fell in April, reflecting a setback in the Western part of the country and indicating rising borrowing costs and property prices may limit the market's progress.

Texas home sales and prices experienced strong growth during the first quarter of 2018, while housing inventory and active listings declined, according to the 2018-Q1 Texas Quarterly Housing Report.