Economy

Seattle Mayor Jenny Durkan announced a $100 million-plus investment by the city in affordable-housing projects, including nine new apartment buildings and 26 homes for first-time buyers.

The two government-sponsored enterprises have relied on the “classic” FICO credit scoring model for the past 12 years. But the Federal Housing Finance Agency is weighing whether the GSEs should upgrade to more recent scoring alternatives.

Two affordable housing developers received millions in subsidies and tax credits from Massachusetts to add 135 units of affordable housing in Eastham and Yarmouth.

Updated dynamic and interactive versions of Fannie Mae and Freddie Mac's redesigned Uniform Residential Loan Application are out.

As it rolls toward another potential record year, the Central Texas housing market remained on solid footing in November, with sales volume and the median home sale price both higher than a year ago.

Residential and commercial property tax delinquencies are slightly higher in the Northeast and South than in the Midwest and West, but improving economic conditions are keeping the national delinquency rate in check.

New Jersey's home values in some markets could take a 10% hit under the tax overhaul nearing a vote in Congress, according to a new report.

Groundbreaking on single-family homes proceeded in November at the strongest pace in a decade, driving housing starts to a faster-than-estimated rate, government figures showed Tuesday.

The $280 million securitization is also expected to boost capital levels and lower Dime's loan-to-deposit ratio.

New-home prices reached record levels in 2017, fueling homebuilder confidence to open several new communities next year.

Fannie Mae and Freddie Mac's final Duty to Serve plans are moving ahead with expanded support for manufactured housing through both single-family and multifamily programs, including controversial personal property loans.

PrimeLending is entering into an affiliated business arrangement with Dallas homebuilder Grand Homes that is expected to start producing loans in February.

Confidence among homebuilders jumped in December to the highest level since July 1999, exceeding all analyst estimates, as a growing economy boosts housing demand.

Guaranteed Rate Inc. is the latest mortgage industry investment for Boston-based private equity firm Thomas H. Lee Partners LP.

The Home Affordable Refinance Program recorded a 45% drop in volume in October from the previous year as it continunes to wind down, according to the Federal Housing Finance Agency.

The good news for Oahu homeowners is they likely will be able to get more for their houses if they were to sell them. The bad news is they'll likely see their property taxes go up next year.

Sonoma County's fire-ravaged housing market last month posted the most sales for November in 13 years, even as the median price rose slightly to a new record high.

The council is exploring legislation to collect around $492 million in delinquent real estate taxes that could aid the city’s school district.

The median down payment for single-family homes purchased with financing has reached a new high in the third quarter, according to Attom Data Solutions.

It was like a scene from the pre-oil-bust housing boom: A steady stream of prospective buyers trekked through an open house last Saturday in a family neighborhood in northwest Houston. Their cars were parked up and down the block.