Economy

From the future of Dodd-Frank to GSE reform, the next Congress will make major decisions that will shape the mortgage industry's future. Here's a look at the Senate candidates who have received the most money in political donations from the mortgage industry.

From House Speaker Paul Ryan to Financial Services Committee Chairman Jeb Hensarling, these 10 candidates for the House of Representatives attracted the most in campaign donations from the mortgage industry.

The mortgage industry remains deeply uneasy with efforts by Fannie Mae, Freddie Mac and their regulator to experiment with front-end credit risk transfers, with some arguing it helps borrowers and lenders, while others fear it will cut out small institutions.

Bank of America is expanding a program that provides 3% down payment home loans through a partnership with Freddie Mac and a North Carolina credit union.

In a move designed to help further calm lender fears about mortgage repurchase liability, Fannie Mae is preparing to offer immediate representation and warranty relief to lenders that use its suite of automated quality assurance technology.

A new Rural Housing Service construction-to-permanent loan program is garnering strong interest from lenders and builders who see it as a much-needed opportunity.

Heather Russell, who was fired earlier this year as Fifth Third Bancorp's chief legal officer, has re-emerged in a new role.

SunTrust Banks in Atlanta has agreed to buy the multifamily lending business of Pillar Financial in New York.

Rates for the 30-year conforming fixed-rate mortgage rose above 3.5% for the first-time since before the Brexit vote, according to Freddie Mac.

BancorpSouth in Tupelo, Miss., reported higher third-quarter earnings after net interest and fee revenue improved from a year earlier.

Record deposit growth, improved expense management and strong revenue gains from mortgage banking boosted Umpqua Holdings' profits in the third quarter.

Sales of previously owned homes increased more than projected in September, showing residential real estate continues to contribute modestly to growth.

The second commercial mortgage securitization designed to comply with risk retention is backed by a single loan on a Manhattan skyscraper.

Many home equity line of credit borrowers don't know when their draw period ends, and many do not have plans in place to handle that transition, according to TD Bank.

Black Knight Financial Services has integrated technology from Fannie Mae and Freddie Mac with its LoanSphere Empower and LendingSpace loan origination systems.

Profit improved at M&T Bank in the third quarter as the Buffalo, N.Y., company expanded commercial and mortgage lending and completed the sale of a large investment-securities portfolio.

New-home construction unexpectedly fell in September on a plunge in multifamily building while permits rose more than forecast, in signs of fitful progress in residential real estate.

MGIC Investment Corp. posted the biggest intraday gain in 11 weeks as third-quarter operating profit advanced on lower costs tied to soured home loans.

Confidence among homebuilders cooled in October from an 11-month high, reflecting a pause in the market for single-family houses.

Comerica is gaining momentum after a rough start to 2016.