Economy

Seasonal factors contributed to an 89,000-unit increase in the number of seriously delinquent properties in the first quarter from the fourth quarter of 2016.

Despite an effort by the Trump administration to defund government aid for community development financial institutions, the Senate approved a budget deal that included $258 million in funding for the CDFI fund.

You can't blame a homeowner in Fresno, Calif., for viewing the thriving metropolis to its northwest with both envy and dismay.

Real estate finance advisory services and technology provider Situs has purchased The Collingwood Group, a Washington advisory group staffed largely by former government mortgage agency officials.

As Nationstar Mortgage Holdings finalizes plans to change its name to Mr. Cooper, the nonbank lender and servicer is exploring options to part ways with Xome, the settlement services and real estate business it rebranded less than two years ago.

A multimillion-dollar incentive program announced by the state Wednesday will offer financial assistance to recent college graduates looking to buy homes in Oneonta and seven other upstate New York cities.

Despite the run-up in home prices in recent years, the values of most South Florida properties haven't returned to the heady days of the housing bubble, a new report shows.

Late payments on loans securing commercial mortgage-backed securities rose in April as borrowers failed to make balloon payments on maturing loans.

Citing a pattern of "bad-faith harassment, retaliation and fraud" against rent-controlled tenants, a San Francisco Superior Court Judge has ordered a landlord to pay the city nearly $2.4 million in penalties for violations of state housing law.

No surprise here — a new study says that the housing recession is in Dallas-Fort Worth's rear view mirror.

Freddie Mac's serious delinquency rate dropped below 1% for the first time since 2008, lending credence to its efforts to expand credit access.

Floridians will see smaller tax cuts this year than earlier plans envisioned, but voters will have a chance to give some homeowners a property tax break by increasing the homestead exemption.

For Twin Cities real estate agents, the gravy train was easy to catch.

Mortgage Bankers Association President David Stevens is confident that housing finance reform will move forward under the Trump administration, but criticized calls to simply let the government-sponsored enterprises recapitalize and be returned to shareholders without additional reforms.

As a major force in the home buying economy, millennials are changing the game and Realtors are charged with keeping up.

A healthy economy and a shortage of housing inventory have helped drive single-family home sales for the month of March in Massachusetts to the highest it has been since before the recession a decade ago.

The Bay Area's housing supply may be low, but fierce competition among spring-season buyers continued to drive up home prices, which reached record highs in March in Santa Clara and Alameda counties.

Market rate developers would have to make 18% of rental units affordable to low- and moderate-income households under an ordinance the San Francisco Planning Commission approved.

The Louisiana company also said that credit quality in its energy portfolio improved during the first quarter.

The onslaught of regulatory actions against Ocwen may open the door for Nationstar to pick up a massive subservicing portfolio from the beleaguered servicer.