Housing

The Department of Housing and Urban Development has selected current senior advisor and former Freddie Mac executive Ed Golding to head of the Office of Housing and Federal Housing Administration.

The rate of Hispanic homeownership fell in 2014 to its lowest level since 1999, according to data by the National Association of Hispanic Real Estate Professionals.

Mortgage rates declined for a second week, sending costs for 30-year loans to their lowest in more than a month as the busiest homebuying season gets under way.

Home price appreciation has outpaced wage growth in more than three-quarters of U.S. housing markets, according to RealtyTrac.

It's was anything but a winter wonderland for the housing market, according to a report by Freddie Mac.

The leader of the Senate Banking Committee said he'd rather leave Fannie Mae and Freddie Mac in U.S. conservatorship than pass a bill that includes explicit government support for the housing market.

In a reflection of the recovering housing market, consumer demand for home equity lines of credit is surging, according to the Consumer Banker Association's Home Equity Lending Committee.

Purchases of new homes unexpectedly rose in February to a seven-year high as stronger job gains helped bolster industry activity amid severe weather.

Much like in 2014, a multitude of factors, including record snowfall across the country and the West Coast port strike, contributed to a sluggish start to the year economically.

Sales of previously owned homes fell short of a 5 million annual rate in February for a second month, showing an industry struggling to gain traction amid rising prices and a lack of inventory.

Lennar Corp., the second largest U.S. homebuilder, is raising its bet on rental housing as the pace of sales continues to drag.

As the temperature have crept up, mortgage rates have gone down, making for a positive start to the spring home-buying season, according to the Freddie Mac Primary Mortgage Market Survey.

If successful, Provident Bank in Massachusetts and Cincinnati Federal in Ohio would become the first new mutual holding companies since 2011, giving some hope that the structure could make a comeback.

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.

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

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.

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.

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.

Ed DeMarco, the former chief regulator of Fannie Mae and Freddie Mac, warned that efforts under the Obama Administration to expand access to credit could risk repeating mistakes that led up to the crisis.