Economy

Home prices rose in October as the improving job market stirred competition for a dwindling inventory of listings.

One factor usually overlooked is the supply of single-family homes that are locked up as rentals.

The Federal Housing Finance Agency is giving private mortgage insurers some hope this holiday season that they might get a chance to offer deeper mortgage insurance on Fannie Mae and Freddie Mac single-family loans.

The recovery in the housing market will slow dramatically over the next 10 months, according to Weiss Analytics.

Some mortgage investors are refusing to buy home loans that are at risk of violations of new consumer-disclosure rules. The problem appears to be worst among nonagency jumbo loans purchased by private investors.

Multifamily properties are getting pricy and new construction is putting upward pressure on vacancy rates, worrying banking regulators.

National Cooperative Bank has formed a partnership to invest $40 million in an effort to provide loans for resident-owned manufactured home communities.

CoreLogic has agreed to buy FNC, a provider of real estate software, for $475 million in cash.

Sen. Bob Corker championed a provision he added to the budget bill that would temporarily prevent the Treasury Department from recapitalizing Fannie Mae and Freddie Mac and discussed other banking priorities in a sitdown interview.

Fannie Mae's final risk-sharing transaction of the year was with reinsurers.

Freddie Mac will begin issuing single-family mortgage-backed securities sometime next year via the new common securitization platform, the Federal Housing Finance Agency said Thursday.

Lenders continued to ease loan standards across all types of mortgage products in the fourth quarter and they expect the trend to continue, according to Fannie Mae.

Mortgage rates increased for the second week in a row as the Federal Reserve decided to raise short-term interest rates for the first time in nearly a decade.

Analysts at Kroll Bond Rating Agency predict issuance in bonds backed by commercial mortgages could hit $125 billion next year, even with borrowing costs rising as interest rates go up.

Mortgage stocks for the most part saw price per share gains in the wake of the Federal Open Markets Committee decision to raise short-term rates.

Real estate finance services provider Chronos Solutions in Frisco, Texas, has acquired San Diego-based mortgage technology company Cogent Road.

Credit scores on closed loans have declined for six consecutive months, according to the latest Ellie Mae Origination Insight report.

A new report from Fannie Mae suggests the millennial generation is getting a move on.

Mortgage applications declined 1.1% on a seasonally adjusted basis for the week ending Dec. 11 compared to a week earlier, according to the Mortgage Bankers Association.

New-home construction rebounded in November, led by gains in single-family dwellings that signal the residential real estate industry will continue to support growth in the world's largest economy.