Economy

Mortgage loan officers keep an eye on the long game, but making a sale is more than the sale; ushering people through the biggest purchase of their lives requires the ability to maintain relationships over time.

Mortgage rates ticked down slightly from last week's post-Brexit high in anticipation of the Federal Open Market Committee meeting, according to Freddie Mac.

Lennar Corp. agreed to buy WCI Communities Inc. in a deal that values the Florida real estate company at about $643 million.

Sales of previously owned homes unexpectedly declined to a six-month low in August, signaling buyers are getting discouraged by a lack of properties to choose from.

The mortgage industry is failing communities of color by not providing adequate access to conventional loan products, calling into question the future of the housing market and the nation's ability to turn the tide of rising wealth inequality.

Citigroup is shopping $540 million of bonds backed by a portfolio of 102 self-storage facilities.

Fannie Mae has completed two Credit Insurance Risk Transfer transactions worth $14.4 billion, in a continuation of its efforts to reduce taxpayer risk through an increased role for private capital in the mortgage market.

House flippers and property developers are increasingly crowdfunding — tapping the virtual wallets of anonymous internet backers.

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.