Housing

If you have a modified mortgage made around the time of the U.S. housing market’s peak, Cerberus Capital Management probably wants to buy it.

American Homes 4 Rent is sticking with a feature that reduces refinancing risk in its upcoming single-family rental securitization.

The Home Mortgage Disclosure Act data set to be released in the next few weeks will offer new proof that mortgage lending activity was stronger than expected last year. That fresh data, the likely delay in Fed action on rates and other factors could prompt higher volume estimates for 2015.

Mortgage applications rose 11.3% from a week earlier on a seasonally adjusted basis for the week ending Aug. 28, according to the Mortgage Bankers Association.

Home prices rose 6.9% in July compared to a year ago, according to CoreLogic.

Mortgage credit got harder to obtain during the first quarter, although economists expect access to credit will continue to gradually improve, according to Zillow.

A new battle is brewing between Fannie Mae and Freddie Mac as the government-sponsored enterprises set out to boost their purchases of low down payment loans.

State housing finance agencies are well positioned to benefit from the entry of millennials into the housing market, according to Moody's Investors Service.

Oil-producing states defied the U.S. housing crash by posting gains in home values as the rest of the nation suffered.

Interest rates on fixed- and adjustable-rate mortgages fell this week amid stock market volatility, according to Freddie Mac.

Contracts to purchase previously owned homes climbed in July for the sixth time in the last seven months, signaling further momentum in residential real estate.

Fannie Mae has lowered its projections for single-family mortgage originations for the second half of the year, based on a variety of negative economic conditions.

Many potential home sellers are staying on the sidelines due to high prices and a lack of available inventory for buying a replacement home, according to the California Association of Realtors.

Housing markets nationwide continued to improve, with more than half of states considered to be within a stable range, Freddie Mac reported in its latest Multi-Indicator Market Index.

Those who rent single-family properties could be more likely to buy than their multifamily counterparts, according to research from Freddie Mac.

Housing prices rose 1.2% in the second quarter, compared to the previous month, according to the Federal Housing Finance Agency. But online real estate site Zillow said home values declined in July.

Credit union loan balances grew at an 11% annualized pace in June, while loan delinquency rates fell, according to the latest Credit Union Trends Report from CUNA Mutual Group.

Home prices in 20 U.S. cities increased 5% in June from the same month a year earlier, a sign of more progress in the housing market.

Two Florida men have been sentenced for their roles in a mortgage fraud scheme that resulted in about $24 million of losses for several financial institutions, including M&T Bank in Buffalo, N.Y.

Fannie Mae is revamping its affordable mortgage program to make it easier for low- and moderate-income families to qualify for low-down-payment loans.