Economy

Lennar Corp., the second-largest U.S. homebuilder by revenue, reported fiscal first-quarter earnings that beat estimates as the year's busiest buying period gets under way.

Rather than just focusing on the deals that are in front of you, take time each day to work on business you want in six to 12 months.

Home prices fell in January while completed foreclosures grew month-to-month, according to figures released March 18 by mortgage technology firm FNC.

Housing markets across the West Coast once again beat out all others, according to the latest Home Value Forecast released March 18 by Pro Teck Valuation Services.

The amount of commercial and multifamily mortgage debt outstanding grew during the fourth quarter at the highest rate seen since 2007, surpassing the record high posted in the previous quarter, according to figures released by the Mortgage Bankers Association.

Mortgage applications dropped for the second straight week as both purchase and refinance volume declined, according to data from the Mortgage Bankers Association.

Mortgage default rates remained largely unchanged in February amidst mixed results nationwide, according to data released by S&P Dow Jones Indices and Experian.

Mortgage lender outlooks improved during the first quarter of 2015, according to a new sentiment survey from government sponsored enterprise Fannie Mae.

There is no guarantee that Fannie Mae and Freddie Mac will remain profitable in the years ahead, raising the possibility of further draws from Treasury, according to a report from the Federal Housing Finance Agency's inspector general.

Right now policy makers, industry participants and advocates are no doubt discussing how to remedy the housing industry's problems. Their discussions are based on assumptions that might not be correct.

JPMorgan Chase & Co., the second-largest servicer of U.S. mortgages, is buying the right to handle $45 billion of home loans from Ocwen Financial Corp., according to a person familiar with the transaction.

Fortress Investment Group plans to cash out its entire stake in commercial mortgage banker Walker & Dunlop.

A new book by the American Enterprise Institute's Peter Wallison reveals how a government push to lower credit standards brought about the housing crisis — and why a new effort to expand homeownership could inadvertently set the stage for a fresh disaster.

Freddie Mac will offer its first external 55-day participation certificate pass-through security, the government-sponsored enterprise announced Monday.

The gap between rental costs and household incomes will continue to rise unless a new home supply ramps up, according to a study by the National Association of Realtors.

Housing starts slumped in February by the most in four years as bad winter weather in parts of the U.S. prevented builders from initiating new projects.

The Federal Agricultural Mortgage Corp.'s earnings fell in the fourth quarter to $8.9 million, down from $13.4 million during the same period in 2013.

Nomura Holdings Inc. and Royal Bank of Scotland Group helped fuel a bubble that led to the collapse of the U.S. housing market, an attorney for the Federal Housing Finance Agency said at the opening of a trial over defective mortgage-backed securities.

Confidence among homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to shop for properties ahead of the busier spring selling season.

The sale of $16.7 billion in nonperforming loans by the Department of Housing and Urban Development Department helped the owners of about 16,700 homes avoid foreclosure, the agency said.