Economy

Corporate borrowers aren't ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.

Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road."

Home prices ended 2016 with yet another year-over-year uptick, according to CoreLogic.

The Fannie Mae Home Purchase Sentiment Index rose two percentage points to 82.7 in January, reflecting the more positive consumer outlook following November's presidential election.

A homeowner's equity position is one of the many factors that drive property transitions between owner-occupied and rental status, according to a study from the Mortgage Bankers Association's Research Institute for Housing America.

Renovate America, one of the largest providers of Property Assessed Clean Energy loans, is expanding into unsecured lending.

Ellie Mae has launched a new version of its Encompass mortgage management product, which features expanded support for construction loans and streamlined integrations with Fannie Mae and Freddie Mac.

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.