Economy

New-home construction fell in August, indicating the real estate recovery will take time to evolve.

The window for moving financial services regulatory relief through Congress is rapidly closing, but there appears to be little hope that the partisan tensions that have stalled the process will ease in time.

Freddie Mac is auctioning $327 million of delinquent nonperforming loans.

Connected Investors has created a new centralized real estate investment funding portal that the Wilmington, N.C.-based company believes will simplify deals and relationships.

Equifax has agreed to provide Fannie Mae with anonymous, loan-level FICO credit scores as part of its monthly disclosure program.

Freddie Mac's next bond with exposure to actual losses on mortgages only features loans with loan-to-value ratios of over 80%.

A report to examine the conditions surrounding last year’s unrest in Ferguson, Mo., is calling for officials to strengthen poor minority communities’ access to banking services and restrict the prevalence of predatory lending to reduce crime and poverty.

Refinancings as part of the total origination market rose slightly in August, according to Ellie Mae.

Mortgage applications dropped 7% from the previous week, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the period ending Sept. 11.

Confidence among homebuilders rose in September to the highest level in almost a decade, signaling momentum in residential real estate will support growth in the second half of 2015.

The Senate passed a bipartisan bill late Tuesday that would cap executive pay at Fannie Mae and Freddie Mac.

A survey from Wells Fargo and Gallup has found that investors continue to take advantage of low interest rates.

Colony Mortgage, a real estate investment trust that specializes in "transitional," or improving property, is preparing its third securitization, according to Moody's Investors Service.

California lawmakers passed legislation to change the way communities wind down their shuttered redevelopment agencies, leaving cities and their advocates trying to tally the effects of the last-minute bill.

Wells Fargo has set a goal to originate $125 billion in residential mortgages to Hispanic borrowers by 2025.

The free market wouldn't plop down a trailer park just a few miles from downtown San Jose. At least not today, in a sharply spiking housing market that has made the metropolitan area one of the most expensive in the U.S.

Loan performance has improved since the housing crisis. But credit challenges persist, while higher housing costs combined with a plateau in wages have put increased strain on some borrowers' finances.

Freddie Mac is making plans for its first risk-sharing transaction tied to actual losses on mortgages with higher loan-to-value ratios in the 80% to 95% range.

Sen. Elizabeth Warren is withdrawing her support for a Republican bill that had been on the fast track to bar the Treasury Department from selling Fannie Mae and Freddie Mac preferred shares, according to a person familiar with the matter.

When he's not co-hosting his talk radio show or helping clients, Residential Home Funding's Marc Demetriou is studying loan program guidelines, a task he credits for helping him become one of the industry's top producing loan officers.