Economy

Tax reform caused Fannie Mae to burn through retained earnings that had been approved just two months ago and to post a fourth-quarter loss. CEO Timothy Mayopoulos argued it was a one-time event that overshadowed strong fundamentals.

Nonbank mortgage firms are seeking formal assurance from the Consumer Financial Protection Bureau that they will not become subject to surprise audits or enforcement without involvement of a state regulator.

Toledo area home sales fell 2% in January, but the new president of the Toledo Regional Association of Realtors said a drop that small was nothing more than a climate blip.

Fannie Mae will request an infusion of taxpayer money for the first time since 2012 because of an unintended but anticipated side effect of the corporate tax cut signed into law in December.

Fannie Mae is doing more to expand its list of Day 1 Certainty report suppliers, naming Blend as the first online point of sale system to directly offer asset validations.

Spokane County, Wash., home sales got off to a rapid start in January.

Arch Capital Group's mortgage insurance subsidiary increased its cushion under the secondary market capital standards in the fourth quarter even as its delinquent inventory grew.

December is known to be slow for home sales, but this time around it was a banner month.

The Trump administration’s 2019 budget highlights the administration’s goal of reining in the post-crisis regulatory apparatus, with proposed cuts for several agencies including the Consumer Financial Protection Bureau.

Although non-homeowners were less optimistic last quarter about it being a good time to buy, an overwhelming majority report they do want to own a home in the future.

Fed up with soaring prices that are increasingly putting homeownership, or even a decent rental, out of reach, Bay Area residents overwhelmingly say they want more housing built. But it better not make their commutes worse.

Median prices of homes sold on Hawaii island and Kauai bumped around inconsistently in January.

Homebuyers are most likely to slow their purchases or stay on course if mortgage rates rise above a certain benchmark, but some could act more quickly or drop out.

The Independence Center mall is scheduled for a Feb. 16 foreclosure sale as its owner, Simon Property Group, faces default on its $200 million loan for the property.

Quicken Loans, Citizens Bank and Better Mortgage are refinancing loans using Airbnb income as part of a pilot project with Fannie Mae.

Oahu's housing market wasted little time this year setting a new price peak after posting three median sale price records in different months last year.

Dallas-area home prices were 6.9% higher at the end of 2017 compared with a year earlier, according to a new report by CoreLogic.

It's getting tougher for Manhattan's apartment landlords.

The legislation, a similar version of which passed in the last Congress, would give favorable regulatory treatment to certain loans even if real estate-related fees were paid to an affiliate of the lender.

The Colorado Springs-area housing market roared out of the gate in the new year, as strong demand and a historically low supply of homes combined to send sale prices soaring to record highs.