Housing

The Multifamily Lenders Council, a trade group representing companies that originate and service Federal Housing Administration-insured multifamily mortgages, states President Obama isn't doing enough to assist affordable rental housing.

By targeting construction lending, 1st Financial Bank USA aims to expand beyond its hefty concentration in credit card loans while entering a business segment that has shrunk mightily since the financial crisis

Housing and Urban Development Secretary Julian Castro moved swiftly on Thursday to defend pending cuts to the Federal Housing Administration's premiums, rebutting GOP arguments they are premature.

Home values have risen fastest in markets where institutional buyers bought up scores of foreclosed homes and then rented them out. But these investor have largely curtailed their buying, and may even be ready to start selling off more properties to profit from the run-up in home prices. That could be good news for first-time buyers.

President Obama is expected to announce a half-percentage-point reduction in the Federal Housing Administration's annual premium during a housing policy speech Thursday in Phoenix.

The diversity of the U.S. population is at a tipping point and originators need to prepare to serve the needs of this growing pool of customers.

Manhattan apartment prices jumped to the highest point since their 2008 peak as buyers competed for a limited supply of homes and deals were completed in new luxury developments.

Mortgage denials in 2013 were comparable to those recorded a decade ago, analyses of HMDA data show, challenging perceptions about how easy lending really was during the era of "pulse" loans and "fog-a-mirror finance."

Take a look back at National Mortgage News' top stories of 2014.

The Harnessing Mobile Award commends the development and implementation of mobile technology in the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.

Contracts to purchase previously owned homes rose in November as employment gains and low borrowing costs helped bring potential buyers into the market.

Student loans are now cited most often by young buyers as the main expense that prevents them from saving for a down payment on a house.

Black Knight Financial Services reported that U.S. home prices were up 4.5% in a year-over-year comparison during the month of October.

Home prices in 20 U.S. cities rose at a slower pace in the year ended in October, putting the market on better footing heading into 2015.

Home sales in November plunged compared to a year earlier, according to data published Monday by Redfin.

Connecticut received $30 million in grants for restoration and resiliency to infrastructure in municipalities affected by Hurricane Sandy, Gov. Dannel Malloy announced.

What you don't know about a builder's operation could do more than delay your client’s project. It could sink your business.

Now that the FY 2014 Actuarial Review has confirmed that FHA is back on solid financial footing, it is time to focus on the only disappointment in the review of forward mortgages — FHA's volume decline and its implications for lower income and minority families who rely on FHA financing.

Purchases of new homes unexpectedly declined in November to a four-month low, underscoring a lack of momentum this year in residential real estate.

The U.S. housing market has improved modestly since the beginning of the year, according to Freddie Mac's latest Multi-Indicator Market Index.