Economy

Efforts to persuade regulators to allow Fannie Mae and Freddie Mac to use alternative credit scores would stifle competition between the credit bureaus and FICO and do little to expand access to credit, according to industry analyst Chris Whalen.

Sentiment among America’s homebuilders fell more than forecast in September as companies grew concerned about the cost of construction materials and labor shortages in the wake of Hurricanes Harvey and Irma.

Orlando’s housing market ended the strongest sales season of the year with median prices rising 2% and sales up 4.8% in August from a month earlier.

Two bills that would boost protections for consumers taking out PACE home-improvement loans are headed to Gov. Jerry Brown’s desk after passing the Legislature.

MTGLQ Investors LP, a Goldman Sachs affiliate, was the winning bidder of Fannie Mae's $2.43 billion reperforming loan sale.

Americans view homeownership as more important than having kids, but less important than achieving career goals, according to Reportlinker.

Fannie Mae revised its estimates for 2017 origination volume upward this month, noting that it expects economic strengths to offset weakness in the market from recent hurricanes.

Return on investment from flipping houses has declined nationwide for three straight quarters. Here's a look at five cities that still offer robust returns and five markets worth avoiding.

Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms.

Stranded without power in the wake of Hurricane Irma, thousands of South Florida seniors have found themselves trapped without access to elevators, air conditioning, telephones and even medical devices.

The supply of homes for sale continued to shrink, but the median time to sell a home was slightly longer in August compared with the previous month, according to Redfin.

The U.S. subsidiary of Japanese-owned Orix Corp. is adding another housing finance firm in the commercial and multifamily space to its stable of companies with its purchase of Lancaster Pollard.

A decade after the financial crisis and housing collapse, more consumers seem in the mood to buy a new home before they sell their existing home.

Appraisals continue to disappoint homeowner expectations in August, though the difference of opinion between appraiser and owner has narrowed, according to the Quicken Loans National Home Price Perception Index.

Not every housing market is dealing with an inventory shortage, as over one-third of respondents said there was excess supply in their local area, according to a First American Financial survey.

As expected, President Trump has nominated Brian Montgomery to serve as the commissioner of the Federal Housing Administration.

A bill to strengthen consumer protections for Property Assessed Clean Energy financing programs is headed to the governor’s desk.

Strong winds from the remains of Hurricane Irma left more than 270,000 Carolinians without power on Monday and were expected to batter the Charlotte region until early Tuesday.

Newly married and in their mid-20s, San Clemente, Calif., residents Josh and Kayleigh Hyink were ready for the next step in their "master plan."

With interest rates lower than expected and existing-home prices driving demand, applications for new-home purchases grew in August.