Housing

FirstKey Holdings has formed a business unit to manage single-family rental homes.

Mortgage applications fell 6.2% from a week earlier on a seasonally adjusted basis for the seven days ended Sept. 4, according to the Mortgage Bankers Association.

The first Fannie Mae Home Purchase Sentiment Index fell 0.5 points to 80.8 in August from where it would have been in July.

Total home equity in the United States mortgage market has risen nearly $1 trillion year-over-year to $7.6 trillion, the highest level since 2007, according to Black Knight Financial Services.

The number of homes that are financially underwater decreased in the second quarter, as property values for the bottom third of the market saw faster rates of growth, according to Zillow.

Randolph Savings Bank in Massachusetts has agreed to buy First Eastern Bankshares in Andover, Mass.

The Hispanic Federation and New York Urban League have partnered to encourage homeownership among low-income and minority groups and to provide financial education.

Almost half of single-family houses in the New York and Washington metropolitan areas are losing value, a sign that buyers' tolerance for high prices in many large U.S. cities may be reaching a limit.

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.