Economy

Farmer Mac has terminated President and CEO Timothy Buzby for violating company policies not related to its financial and business performance.

Freddie Mac on Thursday priced the first transaction to result from its pilot in the single-family rental market.

The maximum loan amount for Federal Housing Administration mortgages will go up in more than 3,000 counties for 2018.

Stephanie W. Cowart, former executive director of the Niagara Falls Housing Authority, admitted to working with her son and daughter-in-law to steal $17,580 from the authority and the state.

Sale prices rose for homes bought last month on Hawaii island and Kauai, though transaction volume was mostly lower.

While consumer optimism about the nation's housing market returned to near-record levels in November, it could be tested in December as they digest the impact of tax reform.

Homeowners with mortgages have collectively seen their equity increase 11.8% year-over-year in the third quarter, according to CoreLogic.

House Financial Services Committee Jeb Hensarling shifted tactics on housing finance reform Wednesday, acknowledging that a bill he’s pushed for years to virtually eliminate the government’s role in the mortgage market lacks the support to become law.

Despite rapid price gains and tight inventory nationally, prices in many of the largest housing markets are still below the peaks reached before the Great Recession.

The Senate Banking Committee's passage of a regulatory relief bill is fueling optimism about its advancement, but it still must clear a series of legislative hurdles before becoming law.

After over five years of steadily rising home prices, Southern California's housing market is "overvalued," real estate data firm CoreLogic reported.

On the cusp of a new year — and winter — Twin Cities housing construction posted stellar late-season gains.

The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.

Canada's largest housing market continues to see prices fall amid a widening pool of homes for sale, though there are signs the correction is beginning to lure in some new buyers.

A bipartisan Senate alliance working on a bank regulatory relief bill appeared even stronger Tuesday as it worked to minimize changes in the interest of moving the legislative package to the Senate floor.

Cutting payments helps stave off default, but principal reduction on underwater loans and lower consumer debt levels are less effective, according to JPMorgan Chase Institute's new study of post-crisis modifications.

The housing supply shortage will continue into 2018 driving home prices higher next year than some market observers previously predicted.

Home prices in October increased by 7% year-over-year for the second consecutive month, according to CoreLogic.

Colorado's red-hot population growth rate is cooling, and while current residents may celebrate, those who are leaving in increasing numbers say they were driven away by rising housing prices, jobs that don't pay enough and traffic jams.

Sen. Elizabeth Warren, D-Mass., was the only member of the Senate Banking Committee to oppose the nomination of Federal Reserve Board Gov. Jerome Powell to lead the central bank.