Economy

Brian Hale, the former head of Stearns Lending, will be leading a new financial services unit at William Lyon Homes that encompasses two joint ventures the builder has with mortgage companies.

Commercial and multifamily fourth-quarter mortgage delinquency rates improved for most investor types compared to one year prior as the U.S. economy continued its recovery.

The Wrigley Building is expected to go up for sale, in a deal that could fetch more than $200 million for one of Chicago's most iconic buildings.

First time home buyers are dealing with the worst of the nationwide housing inventory shortage, due to prices of entry-level houses growing at an even faster pace than other properties types, according to CoreLogic.

New Mexico's housing market started 2018 like it was still 2017 — with higher prices and fewer homes for sale in most of the state's largest counties.

The number of mortgage borrowers with an interest rate incentive to refinance fell 40% during the first six weeks of the year and now sits at the lowest level in more than nine years.

Numerous regional banks stand to benefit from a provision that narrows the scope of institutions defined as "systemically important" under the Dodd-Frank Act.

Bay Area home prices rose in January, and sales dropped again — continuing trends in one the nation's least affordable housing markets.

Net apartment leasing totaled almost 14,000 units in Houston in the final months of 2017 as residents flooded out of their homes by Hurricane Harvey sought higher ground in rental units.

As housing demand continues outpacing supply, tight inventory is plaguing potential buyers and putting upward pressure on home prices. Here's a look at the housing markets where supply is shrinking the most.

The Senate is poised to pass the most substantial bank regulatory relief since the crisis, but any disruption of the post-crisis regime is still eclipsed by how much the bill enshrines Dodd-Frank.

To attract new customers, banks are getting rid of the paper-based payments process between builders and subcontractors.

Incenter Mortgage Advisors is putting up for bid a $712.8 million package of government-sponsored enterprise and Ginnie Mae mortgage servicing rights concentrated in the Southeast.

After narrowing its search to 20 cities, housing experts predict Amazon will choose Atlanta or Northern Virginia as its second headquarters, which will have a profound impact on both housing and the economy in and around the chosen city.

Metro Denver's housing market is approaching a tipping point when it comes to affordability, according to a mortgage research firm.

Sacramento County's median price for resale homes rose by nearly 14% in January compared to the same month last year, though the number of sales slumped from December in a typical seasonal pattern.

Senate Majority Leader Mitch McConnell, R-Ky., filed a motion on the Senate floor Thursday setting up a potential vote next week on the bipartisan regulatory relief package.

From investor angst to regulatory scrutiny, here's a look at three obstacles that must be addressed before Ocwen Financial can acquire PHH Mortgage.

New York City is home to more of the most dramatically gentrified neighborhoods than any other city in the country, according to a new report.

House prices in the Cleveland area rose notably last year, but nowhere near as much as they did in many other major metropolitan areas.