Industries

Housing policy focused on government guarantees and the 30-year mortgage hasn't done much to help low- and middle-income homeowners build wealth.

A number of bankers used quarterly earnings calls to assure investors that they are carefully monitoring their exposure to commercial real estate at a time when regulators are expressed concern about eroding underwriting standards.

Buying remained better than renting in certain situations, but members of the millennial generation continued to have reasons to rent instead of buy, according to Zillow.

Mortgage rates for 30-year loans fell to the lowest level since late April, reducing borrowing costs as the housing market enters its key selling season.

The month of November could be foreshadowing of the prediction made by Weiss Analytics that fewer homes would gain in value this year.

More than 1 million homebuyers qualified for a mortgage in the third quarter, the first time since the financial crisis that lenders reached such a threshold, according to research by the Urban Institute.

The House approved a bill 427-0 that would revamp the Federal Housing Administration’s condominium loan program and expedite the approval process for Rural Housing Service guaranteed loans.

Mortgage applications declined last week, despite having a favorable comparison to the previous week, which had only four business days, according to the Mortgage Bankers Association.

The delinquency rate on commercial mortgage-backed securities dropped sharply in January, thanks to the resolution of New York's Stuyvesant Town loan, according to Trepp.

ZipLogix, a maker of real estate software, has formed a partnership with Roostify.

Home prices rose in December in both yearly and monthly comparisons, according to CoreLogic.

Loan originations for commercial and multifamily properties climbed in the fourth quarter compared to last year, the Mortgage Bankers Association said.

The Federal Housing Finance Agency's Duty-to-Serve rule must include a substantive commitment from the government-sponsored enterprises to purchase chattel loans.

The national median-priced home requires 21% of median incomes for purchase, Black Knight Financial Services said.

Urban homes are now worth more than suburban homes, as Americans place a greater value on living in cities and in high-rise condos, according to Zillow.

Lenders are originating more mortgages for subprime borrowers, according to Equifax.

TFS Financial in Cleveland reported a higher fourth-quarter profit, citing a $1 million negative loan-loss provision.

Credit default swap spreads have widened substantially for MGIC Investment Corp. since the start of the new year, reflecting changes in policy pricing, according to a report from Fitch Solutions.

Radian Group reported net income of $287 million, compared with $960 million for 2014, but that year's results were boosted by a tax allowance reversal.

Contracts to purchase previously owned homes rose less than forecast in December, indicating more tempered progress in residential real estate early this year.