Housing

Southern California homebuilders Standard Pacific and Ryland Group said they agreed to merge, creating a company with about 74,000 home sites and resources to expand.

A new Department of Housing and Urban Development policy will make it easier for servicers to transfer certain reverse mortgages back to HUD instead of foreclosing on widowed nonborrower spouses.

A decade after home sales peaked, 15.4% of owners in the first quarter owed more on their mortgages than their properties were worth.

Department of Housing and Urban Development Secretary Julian Castro touted the Federal Housing Administration’s recent improvement on Thursday, saying it was on a trajectory to hit its statutory minimum and had recently seen a "significant uptick in refinancings."

Home equity in the first quarter rose to $11.7 trillion, the highest since 2007, according to a Federal Reserve report.

Mortgage rates jumped to an eight-month high, making home purchases costlier as investors prepare for the Federal Reserve to raise interest rates.

Most Americans still believe the country remains in a housing crisis, according to a new study from the MacArthur Foundation.

Renting a home is a better way to accumulate wealth than buying a home in many U.S. cities, according to the latest Buy vs. Rent report.

The details of the final Des-Moines-Seattle Home Loan Bank deal made it clear why this merger worked when past attempts had not and gave clues as to whether other institutions could one day follow suit. Following are three items that jumped out.

Hovnanian Enterprises fell the most since 2011 after Chief Executive Officer Ara Hovnanian said he was disappointed following a widening in the company's quarterly loss and drop in its profit margin.

The gap between how much homeowners think their home is worth compared to appraisers' values has grown wider, according to a Quicken Loans report.

The New York City Housing Development Corp. board approved a $680 million inaugural sustainable neighborhood bond transaction, expected to price next week.

Cerberus Capital Management is buying about 4,200 U.S. houses, expanding its foray into home rentals in the industry's largest bulk purchase.

Community Investment Corp. has raised $200 million from about three dozen banks to acquire and rehabilitate thousands of affordable rental-housing units in the Chicago area.

The nationwide gain in income has fed Americans' optimism about housing, which could lead to a more active housing market this year, Fannie Mae said in a new report.

Millennials have been priced out of some of the biggest U.S. cities, with residential real estate prices rising even as wage growth remains elusive.

The House approved a measure Wednesday that would bar the Department of Justice from using federal funding to apply a controversial legal theory on price discrimination in litigation.

The share of high loan-to-value ratio purchase loans is at a two-year high, according to RealtyTrac's 2015 Down Payment Report for the first quarter, released Thursday.

A global bond-market slump pushed yields on benchmark U.S. mortgage securities to the highest level in more than seven months, signaling potential pressure on the American housing market amid its peak selling season.

Weekly demand for mortgage loans continues its trend of being consistently inconsistent.