Economy

New Residential Investment Corp. had net income of $225 million in the fourth quarter, more than double the $103 million reported for the same period in 2015.

The Chicago Federal Home Loan Bank experienced a significant jump in mortgage originations in 2016 due to a "re-introduction" of its traditional Mortgage Partnership Finance loan product.

Freddie Mac is ramping up its use of credit risk transfers, completing $215 billion in single-family transfers last year, up to $600 billion since 2013.

The change of power in the White House will not affect Fannie Mae's focus for 2017 in bringing innovations similar to the Day 1 Certainty program to its customers, CEO Timothy Mayopoulos said in an interview.

International Document Services has updated its idsDoc technology to support upcoming changes to Home Mortgage Disclosure Act reporting.

Jared Kushner relinquished control of his family's multibillion-dollar real estate business in January to eliminate conflicts of interest when he became a top White House adviser to his father-in-law, President Donald Trump.

Fannie Mae reported higher net income in the fourth quarter over the previous year.

Rising mortgage balances and home prices in Home Mortgage Disclosure Act data will be heartening for consumers that want to sell, but reflect challenges for those who want to buy.

The new entity, called Guaranteed Rate Affinity, will primarily originate and market its services to Realogy's real estate brokerage and relocation subsidiaries.

PHH Corp. has struck a deal with LenderLive to sell its private-label mortgage operations in Jacksonville, Fla., to the Denver-based mortgage services provider.

Fannie Mae has priced its first resecuritization of multifamily mortgages on energy-efficient buildings.

Mortgage interest rates fell slightly for the second consecutive week, according to Freddie Mac.

Freddie Mac's net income increased to $4.8 billion in the fourth quarter, more than double what it earned a quarter earlier, the government-sponsored enterprise announced Thursday.

Builders started work on more homes than forecast in January after an upward revision to starts in the prior month, a sign construction was on a steady path entering 2017.

The Basel III capital requirements are making it hard for banks to stay in the servicing business, said David Motley, president of Colonial Savings. Their exodus from the market indirectly hurts consumers, he argued.

Senate Banking Committee Chairman Mike Crapo said Wednesday that although he plans to begin working on housing finance reform and changes to the Dodd-Frank Act, the poor relationship between Democrats and Republicans will slow any progress.

Fannie Mae is making technological updates and implementing policy and operational changes as part of an effort to improve servicing.

The government-sponsored enterprises should target their affordable housing efforts to strengthening the single-family market, rather than investing in private equity giants.

The sale will include Fannie Mae's sixth "community impact" pool of loans.

Homeowners are reaping the rewards of higher home prices, as the number of seriously underwater properties dropped by 1 million from one year ago, Attom Data Solutions said.