Economy

The Consumer Financial Protection Bureau can determine nearly anything to be an unfair, deceptive or abusive act or practice, and it's more likely to do so when lenders try to take advantage of regulatory loopholes.

Kentucky district court judge rules that the courts cannot interfere with the GSE regulator's wind down of Fannie Mae and Freddie Mac.

The share of lenders who cite government regulatory compliance as a main factor that will cause a decrease in profits has dropped dramatically, according to Fannie Mae.

The average rate for the 30-year fixed rate mortgage increased to its highest level since the British vote to exit the European Union, according to Freddie Mac.

Higher home values have lifted thousands of homeowners out of negative equity in the second quarter.

PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.

Affordability constraints and a lack of awareness about low-down-payment mortgage options are tempering confidence about buying a home, according to the National Association of Realtors.

American Homes 4 Rent has repaid the $342 million loan that serves as collateral for its first securitization of single-family rental properties.

New homes aren't being built, and construction and development lending trends may be to blame, according to Kroll Bond Rating Agency's Christopher Whalen.

Provident Financial Holdings has restated earnings from its most-recent quarter after it booked higher loan-origination costs.

A slowdown in the upward climb of home prices allowed the housing market as a whole to move more toward buying a home than renting one during the second quarter.

Renovate America is marketing a $320.2 million securitization of Property Assessed Clean Energy bonds, its third of the year and eighth overall.

The foreclosure inventory rate in July reached the lowest level recorded for any month since August 2007, according to CoreLogic.

A fintech startup called Point is allowing consumers sell a piece of their home equity to investors, rather than borrowing against the value of their houses.

Walter Investment Management Corp. subsidiary Ditech Financial will begin to enroll a number of rejected loan applicants in a new program aimed at helping people qualify for a mortgage.

From gathering information on buildings to complex income and asset profiles of buyers, loan officers in New York have many bases to cover and hurdles to leap. Debra Shultz of Guaranteed Rate makes it look easy.

The average down payment percentage rose 49 basis points for a conventional 30-year fixed-rate mortgage between the first and second quarters, according to LendingTree.

Home purchase lending hit its highest point since 2007 as low interest rates and growing consumer confidence continue to support the housing market.

The percentage of vacant bank-owned properties is larger now versus a year ago as banks are completing more foreclosures, according to Attom Data Solutions.

The owner of 9 West 57th St., an entity controlled by real estate developer Sheldon H. Solow, is using the loan to refinance the building, cashing out $485 million of equity in the process.