Economy

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.

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.