Economy

Today's mortgage broker is tech savvy, sophisticated and better equipped to thrive in a wholesale channel that's far more competitive than in the past.

The latest version of a bill to give regulatory relief to small institutions includes language designed to ensure that large foreign bank holding companies do not also see their supervision eased.

More than 50 amendments had been filed by Wednesday afternoon to be considered as part of a Senate regulatory relief bill, but it was unclear which proposed changes if any have the approval of the legislation's key sponsors.

February lived up to its tradition as a slow month for home sales on Oahu, producing a slight decrease in single-family home transactions, but other parts of Hawaii's largest housing market achieved modest gains.

The success of the government-sponsored enterprises' credit risk transfer programs shows that they can be the basis for housing finance reform.

Greensboro, N.C., home prices increased by 3.34% from January 2017 to January 2018, according to a report from CoreLogic.

Consumer confidence in the housing market fell in February, with fewer Americans sharing positive thoughts on mortgage rates, home buying and home prices, according to Fannie Mae.

Toronto home sales are still depressed as the market continues to adjust to tougher mortgage qualifications and rising interest rates, though prices show signs of stabilization.

Banking and affordable housing advocates are encouraged by a provision in the tax reform legislation that could increase investment in underserved communities by allowing investors to defer capital gains taxes when they reinvest in federally chartered Opportunity Funds.

On the eve of a crucial Senate vote to roll back parts of the Dodd-Frank Act, the divide between progressive and moderate Democrats on regulatory relief has never been starker.

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.