Economy

The House Financial Services Committee chairman is calling out Fannie Mae and Freddie Mac's regulator for authorizing payments to two housing trust funds while the mortgage giants have their own financial struggles.

Freddie Mac is now accepting bids on $420 million in nonperforming loans, its first NPL sale of 2018.

With manufactured housing growth still sluggish, industry advocates want the Department of Housing and Urban Development rules to be more in line with current building trends.

Bay Area home prices are out of reach for many middle-income families, but surely if you're a highly prized engineer at Apple or Google you can afford a house here, right?

New-home construction rose in January to the highest level since October 2016, helped by a surge in apartment building, as momentum in the housing market continues into 2018.

Freddie Mac posted a fourth-quarter net loss of $3.3 billion and will request $312 million from the Treasury after recent tax reform legislation forced it to write down the value of deferred tax assets.

The 2018 spring home buying season could be even more competitive than last year's, marked by fewer listings, quicker sales, and a higher percentage of homes selling above the asking price in January.

Home prices set another record high in the Buffalo Niagara region during January, as a dearth of available homes continues to drive up home values even as fewer homes change hands.

The hot spot driving the greatest share of home sales in the core Orlando market sits atop former citrus groves nestled between historic Winter Garden and Disney theme parks.

Confidence among American homebuilders held steady in February near the highest level since 1999, suggesting that demand for housing is expected to remain strong.

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.