Economy

Loan application activity for the purchase of newly constructed homes decreased 4% in June from the previous month, according to the Mortgage Bankers Association.

Canadian home sales fell 6.7% in June from the previous month, led by a 15.1% decline in transactions in the once-surging market of Toronto.

Last month, Natalie and David Buckholdt were searching for a home to rent in Lima, Ohio, where David was being transferred.

When Suna and Robert Shaw bought their previous home in Windham in 2004, the process was akin to taking a leisurely stroll.

Finding a place to live in Brooklyn is easy if you want to rent a home — not so much if you want to buy one.

Expenses also rose, as well as the provision for loan losses, but credit quality remained spotless at the lender to the wealthy.

The Federal Housing Finance Agency has added three categories to the list of protected classes under equal opportunity employment and inclusion rules for regulated entities.

From Indianapolis to Nashville, here's a look at the 15 hottest residential real estate markets of summer 2017.

New compliance challenges and competition make real estate alliances harder to secure. But they're essential for lenders to maximize market share. (Part three in a four-part series on the mortgage industry's response to the housing inventory shortage.)

The inventory crunch caused the time a property lists until it goes into contract to reach a new low in June, at 36 days, according to Redfin.

Houston homebuyers increasingly are putting the oil slump behind them, snapping up houses in record numbers and paying more for them than ever.

Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.

It's not only regulation that is hurting profitability, but also banks' failure to adapt to the internet age, according to a recent study.

To close gaps in volume caused by inventory shortages and help consumers get over the homeownership hump, lenders are offering mortgage programs and features like low down payments, bridge loans for home sellers and student loan refinancing. (Part two in a four-part series on the mortgage industry's response to the housing inventory shortage.)

Fannie Mae and Freddie Mac's efforts to provide representation and warranty relief to lenders that perform automated data validations before loans close will improve mortgage credit risk assessment and lower costs for lenders and borrowers.

Realogy's Title Resource Group is acquiring the assets of EAM Land Services as part of a strategy to strengthen its presence in commercial title services.

North Texas real estate agents sold a record number of houses in June.

Property owners estimate their homes are worth 1.7% more than appraisers do, according to Quicken Loans.

New data shows that large commercial banks are increasing their originations of single-family construction loans, but these loans still represent a small percentage of their total assets.

Home sales and the number of houses on the market dropped in Charlotte last month, but the price buyers are paying continued rising quickly, largely a product of limited inventory.