Economy

Fannie Mae has introduced a smartphone application designed to help potential homeowners learn how to save for their first purchase.

Companies that emphasize a diverse and inclusive workforce not only create a better work environment for employees, they also perform better financially. Here are eight ways that mortgage companies can establish and maintain a priority on diversity.

Some housing professionals have grown reluctant to participate in the Federal Home Loan Banks' Affordable Housing Program, objecting to burdensome requirements and rules that are inconsistent with other funding sources. It's time for the Federal Housing Finance Agency to make some updates.

According to a new analysis by analytics firm RealtyTrac found that it was still cheaper to buy a house than rent one during the first five months of 2015.

Freddie Mac has obtained two more reinsurance policies transferring risk of default on mortgages that it insures.

Commercial real estate lending and mortgages are banks' main source of hope to beat lukewarm expectations for the earnings season that begins Tuesday.

A new report from Veros Real Estate Solutions projects that homes in a higher percentage of markets will increase in value over the next year compared to the previous quarter.

Zillow Group Inc. fell to its lowest point in more than a year, after the real estate listings website said Chief Financial Officer Chad Cohen is stepping down.

In a real estate development that has a tinge of symbolism tied to the recent past, the Washington Post's downtown D.C. location will be torn down to make room for Fannie Mae's new consolidated headquarters.

One of the bond market's hottest trades from last year is losing its luster.

The mortgage market continues to inch back towards health as according to analytics firm CoreLogic, home prices grew 6.3% year-over-year during May compared with the same month last year.

Eastern Union Funding has lowered its fee cap $135,000 on loans for stabilized properties.

North Dakota and Texas have the highest risk that home prices will decline among all states, because of their reliance on the oil industry, according to Arch Mortgage Insurance.

A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks.

Mortgage professionals brave enough to bring mortgage fraud to light deserve the same level of protections as workers in other businesses, rather than be subjected to a patchwork of laws designed for other industries.

The home sales market may be ready to trend upward, based on consumers' responses in a recent Fannie Mae survey.

Mortgage rates for 30-year loans fell for the first time in three weeks as investors worried about political and financial turmoil in Greece and China turned to the relative safety of American debt.

The mortgage real estate investment trust sector is diversifying as margin compression and bank apprehension changes market dynamics, according to reports from Kroll Bond Ratings and Fitch Ratings.

Fannie Mae, Freddie Mac and Common Securitization Solutions have created an industry group tasked with providing feedback and sharing information on the creation of a uniform residential mortgage-backed security.

Seattle has become the latest West Coast hot spot for homebuyers, from Chinese emigrees to technology workers, sending home prices to a record in an area renowned for its clean air, mountain ranges and lakes.