Economy

Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats over the timing of government lawsuits, but some experts believe the industry may still have a shot in the Supreme Court.

The New York metro area leads the nation in commercial and multifamily construction starts, according to a new report.

In 1979, mortgage bankers worried that they could be undercut by "sleeping giants" like Merrill Lynch, Sears Roebuck and what was then called Master Charge.

As the Small Business Administration's flagship 7(a) loan program breaks records, its other loan program stagnates. Advocates for so-called 504 loans hope a drive to permit CRE refinancing will inject new life.

Applications for mortgages for new purchases fell 4% in July compared to June, according to the Mortgage Bankers Association.

The Federal Housing Finance Agency is expected to issue a proposal soon that would require Fannie Mae and Freddie Mac to purchase manufactured housing loans from lenders.

Jones Lang LaSalle in Chicago has agreed to acquire Oak Grove Commercial Mortgage, to expand its debt-finance offerings.

Homeownership is out of reach for too many Americans. The next president could change that with a few simple policies aimed at encouraging private capital to invest in residential mortgages.

Americans living in rentals spent almost a third of their incomes on housing in the second quarter, the highest share in recent history.

Wells Fargo's head of mortgage lending, Mike Heid, will retire in October. The San Francisco company will promote Franklin Codel, head of mortgage production, to succeed Heid as head of Wells Fargo Home Lending.

Consumers' growing confidence about their ability to qualify for a mortgage is generating more foot traffic, sales orders and loan volume for some of the nation's largest homebuilders.

Refinance application volume for the week ended Aug. 7 reached its highest level since the end of May, according to the Mortgage Bankers Association.

Housing demand and prices in urban centers is growing at a faster pace than the overall market, according to the newest quarterly report from Fitch Ratings.

Home shoppers in San Francisco needed incomes of $267,780 to become owners of a typical house in the second quarter as prices soared to a record.

Homeowners and appraisers are getting farther apart on their perceptions of housing values, according to Quicken Loans.

New Residential Investment Corp., real estate investment trusts, residential mortgage bonds, mortgage servicing rights

Home prices rose in the vast majority of U.S. metro areas in the second quarter, according to the National Association of Realtors.

The Department of Housing and Urban Development fined two Texas lenders for charging bogus fees to borrowers purchasing manufactured housing.

Foreclosure inventory and completed foreclosures declined drastically during June, real estate analytics firm CoreLogic found in its monthly survey.

Farmer Mac reported a higher second-quarter profit, citing an increase in the value of financial derivatives and hedged assets.