Economy

Lawmakers on Tuesday continued debating a thicket of proposed additions to a crucial regulatory relief bill on their way to a final vote likely to occur as early as midweek.

The City of Detroit released new details Monday of an ambitious plan to establish a $250 million affordable housing fund that will preserve 10,000 existing units in neighborhoods throughout the city and develop 2,000 new units within the next five years.

Baltimore area home prices rose 6.5% in February from the same time a year ago, reflecting more closings and less inventory.

An unprecedented, industrywide survey of sexual harassment in the professional workplace reveals industries with the highest prevalence of unwanted sexual behavior, the differences between large and small companies, and blind spots that may be preventing corrections. Fortunately, the data also lights a path forward.

From inappropriate touching to belittling comments, women advisors confront workplace environments that are far from welcoming.

With the exception of the troubled retail sector, delinquency rates across property types supporting commercial mortgage-backed securities were flat to declining in February compared with January.

If GSE reform leads to the 30-year mortgage's demise, homebuyers' monthly payments could soar by $400, according to a recent Zillow estimate. But lenders aren't convinced this housing finance staple is in any danger of being replaced.

North Texas home sales rose 10% in February from a year earlier, an increase that came even with higher mortgage costs and record home prices.

Essent Guaranty is marketing $360.75 million of notes linked to the performance of a pool of residential mortgages that it insures; its following in the footsteps of Arch Capital.

Crossroads Systems Inc. has relaunched with the acquisition of a community development financial institution focused on the Hispanic mortgage market.

Employment in the nonbank mortgage lender and brokerage sector is falling in the face of rising interest rates and the limited supply of homes for sale.

The Federal Agricultural Mortgage Corp. reported significant gains in new business volume, but also realized a big jump in 90-day delinquencies.

Connecticut's housing market in January had a split personality, with median single-family home prices increasing by 3.4% even as the number of homes sold fell by 3.7%.

New Jersey lawmakers are tackling legislation that would create an easier path for developers to finance large-scale economic development projects with bonds.

The Trump administration's new tariffs on imported steel and aluminum may raise prices on a variety of consumer and commercial products, but will only put minimal strain on the housing industry.

House flipping activity is at an 11-year high, prompting lending for these projects to soar 27%, according to Attom Data Solutions. And with most flippers still using cash, the trend has room to grow.

Bay Area residents already face some of the highest housing prices in the country.

Loan program revisions made by one large conventional mortgage investor led to a decrease in total residential home finance credit availability in February.

A Senate proposal calling for a federal guarantee on mortgage-backed securities would only benefit the largest banks and increase the risk of bailouts.

Home sales in the Las Vegas area slowed in February because of the shrinking supply of properties, according to an industry report.