Economy

Home improvement lender EnerBank USA expects half of its loans will be originated on the app it built in-house, which promises near-instant approvals.

The homeownership rate for Hispanics increased for the second straight year, according to the National Association of Hispanic Real Estate Professionals.

A number of banks are tapping the brakes on commercial real estate lending, giving others an opportunity to make more loans at better terms.

The Trump administration was set to release an executive order Friday calling for a review of the Dodd-Frank Act, but the immediate questions about the order focused on what authority the White House has to enact real change.

PennyMac Financial Services reported higher income, reflecting larger net gains on mortgage loans held for sale.

SL Green Realty Corp. is tapping the securitization market to refinance 485 Lexington Ave., a 32-story office building in Midtown Manhattan.

A federal appeals court ruling has opened the door for litigants to challenge a 2012 decision by the U.S. government to sweep all of Fannie Mae and Freddie Mac's profits into the coffers of the Treasury Department.

Mortgage interest rates held steady after rising last week because of weaker-than-expected gross domestic product numbers, according to Freddie Mac.

For buyers in the most expensive housing markets, it now takes longer than it did a year ago for ownership to be more beneficial than renting, according to Zillow.

Companies whose financials have taken hits due to their holdings of mortgage servicing rights are in for a treat, according to Moody's Investors Service.

The title insurance business of Fidelity National Financial earned $231 million in the fourth quarter, up 60% year over year.

Fannie Mae and Freddie Mac have released the final specification update regarding the Uniform Closing Dataset, the digital file format for the TRID Closing Disclosure form.

The federal government needs to recognize Ginnie Mae's importance to the housing industry and divorce its funding and oversight from the Department of Housing and Urban Development.

Commercial real estate finance company Walker & Dunlop has acquired Deerwood Real Estate Capital, a commercial mortgage brokerage and advisory firm.

The Mortgage Bankers Association is trying to jump-start discussions around housing finance reform even as political dysfunction on Capitol Hill is reaching new lows.

Home-buying demand continues to increase even as interest rates rise and the housing inventory shrinks, according to Redfin.

Home-price gains in 20 U.S. cities accelerated for a fourth month in November when compared with a year earlier, according to S&P CoreLogic Case-Shiller data.

Existing home sales remained flat to begin 2017, as challenges crop up for the housing market in the year ahead, online marketplace Ten-X reported.

New Residential Investment Corp. has priced the public offering of more than 49.2 million shares of its stock that it plans to use to pay for its purchase of mortgage servicing rights from CitiMortgage.

Citigroup's decision to exit mortgage servicing by the end of 2018 is part of a long-term strategy to increase returns and sharpen the bank's focus on its core retail customers.