Economy

The Leadership Conference on Civil and Human Rights wants to recapitalize Fannie Mae and Freddie Mac to provide a secure source of funding for affordable housing.

The share of U.S. home purchases made with cash has fallen to a five-year low as investors pull back from a property market that's rebounding without them.

The chief executive officers of Fannie Mae and Freddie Mac may see more than a sixfold increase in their compensation to $4 million in spite of objections from President Obama's administration and some lawmakers.

Walker & Dunlop, through the Department of Housing and Urban Development's Lean 232 program, closed the first Rental Assistance Demonstration program loan for a health care facility.

Lower gas prices can accelerate the home-selling process, and make the deal more lucrative for the seller, according to a new study.

The narrowing gap between what large and small lenders pay in guarantee fees to Fannie Mae and Freddie Mac has helped the industry's smallest originators grow their share of mortgages sold to the government-sponsored enterprises.

Manhattan apartment prices jumped to a record in the second quarter, pushed up by competition for a limited number of properties and strength in the luxury market.

After it all but stopped making real estate and development loans following the housing crash, Farmers & Merchants Bank has increased its real estate loans by more than 61% over the last two years. It's a figure that’s likely to keep rising as California's real estate market heats up and the $5.6 billion-asset bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace.

Mortgage applications fell 4.7% from a week earlier on a seasonally adjusted basis, according to the Mortgage Bankers Association's weekly survey.

First and second mortgage originations have increased substantially in the first quarter of this year, according to a new report from credit reporting company Equifax.

Home prices in 20 U.S. cities rose at a slower pace than projected in April, indicating the market was experiencing uneven gains as it entered the busier selling season.

FHFA report shows FHLBs are well capitalized while Fannie and Freddie continue to see improving loan performance.

A California man has been indicted by a federal grand jury for allegedly trying to rig public foreclosure auctions in Northern California between 2008 and 2011.

A New Jersey man has been sentenced to 27 years in prison for scamming vacation-timeshare customers of $3 million.

Mortgage originators willing to help consumers overcome traditional financing hurdles can add more emerging segments of home buyers as clients.

Contracts to purchase previously owned homes rose in May to a nine-year high, indicating recent strength in the real estate industry will be sustained.

Home prices rose 1% from March and 4.9% year-over-year in April, according to Black Knight Financial Services.

The Supreme Court decision making same-sex marriage legal nationwide could boost mortgage demand as it provides gay and lesbian couples with more financing opportunities and stronger joint property rights.

Life insurance companies reported a higher return on their private commercial mortgage investments in the first quarter, compared to the fourth quarter.

The differences in wealth and housing preferences between baby boomers and millennials is changing the residential real estate market, with a shift to rental properties among younger people.