Economy

Senate negotiators are working on a bill that would place Fannie Mae and Freddie Mac into receivership and replace them with multiple mortgage guarantors, according to sources.

Craig Phillips, a top aide to Treasury Secretary Steven Mnuchin, said his department "broadly" agrees with the FHFA plan, which would return Fannie Mae and Freddie Mac to the private market and provide them an explicit government guarantee.

With rents rising and homeownership rates still low, here's a look at eight reasons why more renters may want to become homeowners.

The Arkansas company has spent two years trying to reassure nervous investors and analysts that it can rapidly book real estate loans using conservative practices.

If Amazon wants to locate its HQ2 in the most-affordable spot for housing, there's an obvious choice: Pittsburgh.

The number of homes available for sale contracted in December 2017, suggesting inventory shortages will persist as higher rates discourage homeowners from moving.

Northeast Ohio home sales rose by 1.6% last year, as buyers braved tight inventory and rising prices to purchase 766 more houses and condominiums than they did during 2016.

December was a strong month for the Greater Pittsburgh housing market, according to the year-end Remax National Housing Report .

Groundbreaking on new homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade.

FHFA Director Mel Watt said Fannie Mae and Freddie Mac should be reincorporated as private entities and the government must provide an explicit guarantee for catastrophic losses in the secondary mortgage market.

Sentiment among America's homebuilders eased in January to the second-highest level since 2005, a sign the housing market will continue to make strides this year.

Fueled by a rush for housing after wildfires burned thousands of homes, a record amount of money changed hands in the Sonoma County, Calif., real estate market at the end of 2017.

A shortage of Orlando houses on the market — particularly in affordable price ranges — is a concern for the region's leading industry group.

Progressives have been setting off alarm bells this week over the Senate’s bill to ease some Dodd-Frank rules, but the changes are more modest than many assume.

From San Francisco to Dallas, here's a look at the 10 top housing markets where homes sell above the asking price.

Sales of existing homes rose slightly in December, helping the metro Milwaukee housing market to its best performance in 12 years.

The final results are in, and the Buffalo Niagara housing market set what appear to be records for highest prices and lowest inventory of homes for sale last year, as the robust activity continued all year long.

Though multifamily housing starts are projected to slightly moderate this year and next, production levels are expected to remain in a steady range considered normal, according to the National Association of Home Builders.

Back in September, a modest ranch house sold in Sunnyvale for $782,000 over its asking price, signaling that the Bay Area housing market was even crazier than it seemed.

Median home sale prices shot up almost 12% in Charlotte in December compared to 2016, as the supply on the market stayed tight and demand remained high.