Housing

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.

A case study of two ZIP codes confirms what people have thought for years: younger professionals have helped revitalize once-neglected, inner-city neighborhoods.

National home prices, including those of distressed properties, increased 6.8% this past April from where they stood a year before.

The merger of the Federal Home Loan Banks in Des Moines and Seattle became official on Monday, shrinking the overall number of banks in the system to 11.

The New York City Housing Development Corp. expects in June to price its inaugural sustainable neighborhood bonds transaction — a first nationally, say officials.

As the Hispanic population in the United States soars, the number of Hispanic households unable to afford to buy a home is also growing, a new report from The Demand Institute found.

More Americans than forecast signed contracts to purchase previously owned homes in April, indicating a pickup in the housing market during the busy spring selling period.

Mortgage rates climbed, lifting borrowing costs for homebuyers to the highest for 2015.

Take this with a large dose of salt, but an online survey by credit agency Experian shows the benefits of, you guessed it, credit reports.