Economy

Strong growth in the sale of existing homes in Lake County in September was almost enough to pull the seven counties that make up the Greater Northwest Indiana Association of Realtors into positive territory for the month.

The CFPB's practice of "regulation by enforcement" forces mortgage companies to develop compliance standards based on the mistakes of their peers, rather than clear guidance from the enforcement agency, said David Motley, the new chairman of the Mortgage Bankers Association.

Some housing groups are warming to an idea that they say could help more Americans benefit from housing-related subsidies than the mortgage interest deduction.

Home sale prices in Western New York hit new peaks over the summer, as the region's housing market continued to churn past historic records.

A limited housing supply fueled by the San Francisco Bay Area's booming job growth and decades of slow construction has forced home values and rents to near record highs.

Five of the top 25 ZIP codes for single-family rental purchases were concentrated in three states, according to Attom Data Solutions.

With online retailers beginning to challenge the dominance of brick-and-mortar grocery stores, CRE loans to strip mails anchored by them look riskier.

The $36.3 billion-asset bank reported double-digit growth in C&I loans, commercial real estate loans and specialty loans to the private-equity, entertainment and energy industries in the third quarter.

The way lenders need to submit payment information on certain student loans in order to calculate a borrower's monthly debt-to-income ratio is changing at Freddie Mac.

For the past eight years, Brian Montgomery has helped mortgage lenders fight penalties sought by the Federal Housing Administration. Now he's President Trump's nominee to lead the agency.

Net income for the Oregon regional bank was $61.3 million, a slight decline from the same quarter last year. It earned 28 cents per share and fell short of analysts’ expectations,

In a moment of rare unity, the Independent Community Bankers of America and National Association of Federally-Insured Credit Unions sent a joint letter to FHFA arguing to stop the GSEs' profit sweep.

Called Structured Agency Credit Risk Securitized Participation Interests, the new securities are backed by mortgage loans, and are not general obligations of the government-sponsored enterprise.

A larger-than-forecast decline in new-home construction reflected the weakest pace of building in the South since October 2015, showing the fallout from Hurricanes Harvey and Irma.

Soot and ash are still settling over the Sonoma County, Calif., housing market, but real estate brokers and lenders contend the fiery destruction of a few thousand properties here will make it harder for both buyers and renters to find new homes.

A shortage of entry-level houses is putting a chill on the housing market in the Twin Cities.

Many of the prime jumbo loans backing the transaction, JP Morgan 2017-4, were contributed by originators with limited history in that product, according to DBRS.

From debating the future compliance landscape to developing a digital mortgage strategy, here's a preview of the top issues, ideas and themes on tap when the industry convenes in Denver for the Mortgage Bankers Association's Annual Convention & Expo.

Government-sponsored enterprises Fannie Mae and Freddie Mac's guarantee fee pricing last year kept the playing field fairly level for different-sized lenders.

A six-lane highway lined with strip malls cuts through a patchwork of tamed lawns and suburban houses in Delran, N.J., where population has sprouted rapidly in recent decades.