Economy

Affordable apartments have not been this hard to find in decades, and a new Mortgage Bankers Association study suggests there are ways existing public-private partnerships could do more to address the concern.

The agency released a plan Tuesday that would provide incentives for owners of manufactured housing communities to reform their practices if they want to tap financing by Fannie Mae and Freddie Mac.

The commercial mortgage-backed securities delinquency rate improved from October to November, according to Fitch Ratings.

Total commercial and multifamily mortgage debt outstanding increased in the third quarter, in a quarterly comparison, according to the Mortgage Bankers Association.

The number of residential properties with negative equity continued to decline in the third quarter, according to CoreLogic.

Fannie Mae is offering yet another carrot to lenders that have lobbied extensively for relief from loan repurchases.

Potential homeowners won't let the Federal Reserve's potential rate hike this week prevent them from buying a house, according to Zillow.

The Federal Housing Finance Agency unveiled a new proposal Tuesday that would detail how Fannie Mae and Freddie Mac should serve three underserved markets: manufactured housing, affordable housing preservation and rural markets.

Confidence among homebuilders in December slipped further away from a decade high, a sign progress in the housing industry may moderate as developers fret over rising costs for lots and labor.

Freddie Mac plans to issue $976 million of multifamily mortgage-backed securities later this week.

The answer to lower costs, higher efficiency, and better record keeping for compliance lies in eSignature, e-documents, and e-mortgages, the foundation for which has legally been in place for 15 years now.

Mortgage lenders and servicers weary from a raft of regulatory changes in recent years may see some respite in 2016, but still face some tough issues ahead. Here's the most pressing.

Ally Financial Inc. is re-entering the mortgage business just two years after it stopped making new home loans.

WASHINGTON — Fannie Mae and Freddie Mac would be able to evaluate and use new credit scoring models under a bill introduced in the House that seeks to create more competition in the credit scoring industry.

The American Bankers Association has renewed its alliance with Freddie Mac to provide origination and servicing assistance to banks.

Many consumers misunderstand what is required to obtain a residential mortgage, according to a new Fannie Mae study.

Ditech has renewed its sponsorship of Kevin Harvick's No. 4 car which races for the Stewart-Has Racing team on the NASCAR Sprint Cup circuit.

U.S. Bancorp has plucked longtime lending executive Tom Wind from EverBank Financial to run its mortgage business.

Mortgage applications for new homes declined in November, although not as sharp a drop as is typical for this time of year, according to the Mortgage Bankers Association.

Moody's said it has acquired BlackBox Logic, a Denver-based residential mortgage-backed securities data technology company, for an undisclosed amount of cash.