Housing

Home prices in 20 U.S. cities rose at a faster pace in the year ended November, underscoring the shortage of supply amid steady demand.

D.R. Horton, the largest U.S. homebuilder, reported fiscal first-quarter earnings that beat analyst estimates as sales increased.

U.S. home prices rose 5.5% in November on a yearly basis, according to Black Knight Financial Services.

American International Group's plan to spin off a portion of its mortgage insurance unit is "almost pointless" given the challenges that CEO Peter Hancock faces to fix the much larger property-casualty business, an analyst at Keefe, Bruyette & Woods said.

American International Group Inc., the insurer being pressured by activist investor Carl Icahn to shrink the company, plans to pursue a partial spinoff of its mortgage guaranty unit.

Home Partners of America is securitizing a portfolio of single family rental homes with a unique feature: the tenants lease-to-own.

The Federal Housing Finance Agency may face legislation or a lawsuit in the near future as it tries to force captive insurance companies to exit the Federal Home Loan Bank System.

While a flourishing multifamily market is a boon to apartment lenders, increasing demand for units signals lean times are ahead for renters.

Purchases of previously owned homes rose more than projected in December, helped in part by warmer weather and wrapping up the best year since 2006.

First-time homebuyers are finally jumping into the U.S. property market.