Economy

Mortgage applications decreased 7.3% on a seasonally adjusted basis from one week earlier as refinance activity was at its lowest level since June.

Contrary to expectations about growing mortgage lending volumes, current industry trends suggest a gradual reduction in capacity for both lending and servicing that should alarm policymakers.

House hunters frustrated by a shortage of listings should consider the Sunshine State.

Gains in employment and income are beginning to have a positive influence on home sales, according to First American Financial Corp.

Nationwide, the lack of single-family home construction has become dire, threatening to create a housing shortage that could undermine affordability and home sales. But this dearth of new housing starts is far worse in some of the country's most sought-after housing markets.Here's a look at the 10 markets in need of the most new construction.

Americans are carrying higher levels of debt as they head into retirement, raising the specter of financial headaches in their old age, according to Prudential Financial.

The National Association of Hispanic Real Estate Professionals has created a glossary that provides Spanish translations of terms used by the real estate and mortgage industries.

Lennar Corp., the second-largest U.S. homebuilder, reported fiscal third-quarter earnings that beat analysts' estimates as low borrowing costs and job growth bolstered buyer demand for houses nationwide.

New home construction fell more than projected in August as a plunge in the South, the biggest region for building, more than offset gains in the rest of the country.

The next administration in the White House must act swiftly to move reform of Fannie Mae and Freddie Mac off dead center, and Ginnie Mae President Ted Tozer suggested that the model for a new secondary market is already in place.

Economic growth in the second half of 2016 is expected to outpace the rate seen in the first half of the year, according to Fannie Mae.

MountainView Servicing Group is the adviser for the sale of a $3.3 billion Fannie Mae and Freddie Mac bulk mortgage servicing rights portfolio.

More than 9 million consumers would have difficulty paying all of their monthly debt obligations, including their mortgage, if the Federal Open Markets Committee raises short-term rates by 25 basis points, a TransUnion study found.

Xenith Bankshares in Richmond, Va., is getting out of the mortgage origination business.

The Department of Housing and Urban Development is taking a harder look at how mortgage lenders treat borrowers with limited English language skills.

New American Funding and Alterra Home Loans are partnering on a new loan program using Freddie Mac's low-down-payment Home Possible mortgages.

Confidence among homebuilders rose to an 11-month high in September, indicating the housing market will continue to advance.

Banks that are heavily involved in commercial real estate lending may shy away from buying institutions with similar concentrations.

Home sales in California are beginning to show signs of weakness as a lack of affordable housing begins to weigh on the Golden State's real estate market.

Activity under the Making Home Affordable program increased in the second quarter thanks to the introduction of the Streamline Home Affordable Mortgage Program, according to a performance report from the Treasury Department.