Economy

Fannie Mae plans to sell a pool of 3,600 loans with $806 million in unpaid principal balance.

National reverse mortgage originator Longbridge Financial has received investments from Ellington Financial and Home Point Capital.

Companies in the path of the storm have battened down the hatches, as others have prepared for the impact the hurricane could have on home sales and loan servicing in the weeks to come.

It's been a tough year for farmers, and lenders are looking for ways to help those borrowers offset sagging income.

Nonbank lenders and brokers added 900 employees to their payrolls in August as home sales slowed.

The housing industry has staunchly defended the mortgage interest tax deduction as an essential tool for promoting homeownership. But attitudes are softening, as data show the low- and moderate-income homebuyers who need the subsidy the most are getting the least benefit.

Interest rates fell in August to the lowest level recorded all year for millennials, which could mean expanded buying power for this segment, according to Ellie Mae.

Consumers were less inclined to buy a home in September, thanks to concerns about interest rates, home prices and the political environment.

A former top regulator of Fannie Mae and Freddie Mac wants to abandon the development of the common securitization platform and use the existing Ginnie Mae platform to issue government-guaranteed mortgage-backed securities.

Conforming mortgage rates were unchanged this week even as the 10-year Treasury's yield rose in response to the European Central Bank's decision to slow its bond purchase program, according to Freddie Mac.

M&T Bank is offering mortgage subsidies through a new program to qualified consumers in New Jersey and nearby states.

San Francisco has the highest level of "mortgage stress" of the top 100 largest cities in the United States by population, according to Finder.com.

Homeowners in congressional districts controlled by Democrats nationwide have gained two times' more housing wealth than those in districts led by Republicans, according to Attom Data Solutions.

Converting millennials from renters to homeowners is proving difficult, but here are steps lenders can take to get this generation on board with buying.

More than $200 billion of the most poorly underwritten commercial mortgages originated before the financial crisis come due this year and next, many of them still underwater.

There are a lot more apartments available for purchase these days in Manhattan. And fewer people are buying.

U.S. Bancorp has agreed to settle a lawsuit that claimed it neglected to maintain foreclosed properties in Southern California after the 2008 financial crisis.

The Federal Reserve's mishandling of monetary policy in the 1970s opened the door to questionable products for unqualified borrowers, setting the stage for the housing crisis 30 years later.

Bank mortgage servicers are slashing their staff in the wake of improved loan performance and decreased portfolio, according to Fitch Ratings.

Hillary Clinton and Donald Trump should face more questions about housing policy, especially the lack of affordable housing to own or to rent nationwide, said Fannie Mae Chief Tim Mayopoulos.