Economy

New-home listings declined significantly in October even as increased demand continued to drive faster sales times and higher prices, according to Redfin.

Franklin Financial Network in Nashville, Tenn., is raising capital after being flagged by regulators for its exposure to commercial real estate.

Mortgage rates for 30-year loans skyrocketed to a 10-month high as investors reacted to Donald Trump's presidential election win by pulling money out of the bond market, driving up yields that guide home loans.

New-home construction jumped to a nine-year high in October as an outsized advance in the number of apartment projects accompanied a strong pickup for single-family housing.

House Financial Services Committee Chairman Jeb Hensarling recited a litany of priorities for his panel next year, touching on everything from the very broad, like housing finance reform, to the specific, including targeting a proposal to rein in payday lending.

Commercial mortgage lenders, and investors in their bonds, have been more eager than the residential market to embrace Property Assessed Clean Energy loans even though those loans hold a superior-lien position. Here’s why.

Confidence among homebuilders in November remained near the highest level this year, a sign of strength in the residential real estate market.

The Federal Housing Administration's insurance fund saw its fourth consecutive annual boost in its ratio of reserves to insured mortgages, reaching 2.32% in fiscal year 2016, the Department of Housing and Urban Development said Tuesday.

The number of mortgage applications for new home purchases increased in October, along with the average loan size, according to the Mortgage Bankers Association.

Experian, like fellow credit bureaus TransUnion and Equifax, is now offering trended credit reports to lenders that originate single-family loans.

Facebook has disabled so-called ethnic affinity filters from housing, credit and employment advertising following mounting criticism that the practice allowed marketers to discriminate against minorities in violation of fair housing and civil rights laws.

Industry forecasts for 2017 mortgage volume assumed a continuation of current housing and economic policies under a Hillary Clinton administration. But with Donald Trump's win, analysts are sorting out what, if any, adjustments are needed to those projections.

Officials of the National Association of Realtors were ecstatic about the Federal Housing Administration's lower owner-resident requirements for condo loans — until they read the fine print.

None of President-elect Donald Trump's tax reforms target the mortgage interest deduction, according to a member of his economic advisory council.

MTLGQ Investors, a Goldman Sachs affiliate, submitted the winning bids in Fannie Mae's sale of $1.3 million of nonperforming loans.

Even with Republicans controlling both Congress and the White House, it's highly unlikely the Consumer Financial Protection Bureau will be completely eliminated. However, under the new presidential administration's oversight, many of its more aggressive policies will likely change.

The president-elect faces major questions about credit access, affordable housing, the future of Dodd-Frank and the structure of the Consumer Financial Protection Bureau and the extent to which he will act upon them remains unclear.

The historic election has presented an opportunity for a comprehensive overhaul of the housing finance system after eight years of gridlock.

New York Community Bancorp will not receive regulatory approval for its deal to buy Astoria Financial by the end of the year as initially planned.

While mortgage rates moved somewhat higher in the period before the election, after the results were known, the yield on the 10-year Treasury broke above 2%, according to Freddie Mac.