Economy

EagleBank has been approved as the 13th Ginnie Mae multifamily mortgage-backed securities issuer

Fannie Mae will give below-market-rate financing to multifamily borrowers who incorporate healthy design features in their newly constructed or rehabilitated buildings.

Bank of the West is using alternative data and the international expertise of its parent company to tap into the lucrative but difficult to underwrite market of middle- and upper-class immigrant mortgage borrowers.

A larger-than-forecast decline in new-home purchases in April from the strongest pace in almost a decade indicates a pause in demand in the midst of the busy spring selling season.

Maine's residential mortgage lending industry bears little resemblance to its prerecession version as changing conditions have shuffled the deck of top lenders and created new choices for borrowers.

April sales of existing homes fell almost 11% in Wisconsin, a drop-off industry professionals say is the result of a short supply of houses on the market.

This is a good time for bank risk managers and bank regulatory examiners to evaluate the effects of a deepening retail crisis on the financial services sector.

The Atlanta BeltLine is pushing hard to get hundreds of affordable housing units opened or in the pipeline in the coming months.

Chattanooga, Tenn., home prices continued to accelerate in the first three months of 2017 as sales outpaced the number of new homes put on the market, shrinking the available inventory of houses for home buyers to choose from in the area.

The median time it took a home listed for sale to go into contract was 40 days in April, the fastest since Redfin started tracking this data in 2010.

Canadian government officials delivered a vote of confidence in the country’s housing sector and banking system, telling lawmakers that Vancouver and Toronto’s real estate markets are supported by fundamentals that leave risks well-contained.

The spring home buying season got off to a sluggish start in Greater Hartford with home sales and prices sliding in April compared with a year earlier.

New York Gov. Andrew M. Cuomo signed legislation sending $2.5 billion to the construction and preservation of affordable housing, celebrating it as the start to his $20 billion plan to combat homelessness.

The lack of knowledge around the home purchase process was cited by 39% of mortgage executives as the leading barrier keeping potential first-time buyers from entering the market.

The time needed to close a mortgage improved nine days since the start of the year as the market has shifted to doing more purchase loans.

Consumers already apprehensive about affordable housing in South Florida will take little comfort in the latest price increases for existing single-family homes.

A yearlong battle in San Francisco City Hall ended Wednesday night when two factions on the Board of Supervisors reached a compromise on how much affordable housing to require in new market-rate developments.

Want a home loan these days? Increasingly, your credit needs to be almost perfect.

Central Texas home sales rose just over 3% in April and the median price of those sales hit $305,000 — the second-highest level ever.

San Mateo County, Calif., officials opted to spend $43.75 million over the next two years to boost the number of housing units geared at working families.