Industries

As the real estate market ramps back up, lenders are looking for ways to diversify their portfolios, even if the returns are slim.

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.

Remember when nobody wanted to touch U.S. subprime-mortgage debt? That's just a distant memory as they deliver some of the bond market's best returns.

Corporate landlords are benefiting from the worst rental-housing shortage in more than a decade as construction trails demand and more Americans opt to lease rather than buy.

Purchases of previously owned homes dropped more than forecast in November as residential real estate struggles to sustain its recovery even as borrowing costs remain low.

To be a successful mortgage loan originator, you have to be able to function in any kind of real estate market.

Highland Capital Management LP won a $40 million jury award after successfully arguing Credit Suisse AG duped the Dallas-based debt manager into refinancing a shaky real-estate development.

Home sales dropped 5.2% in November compared to a year earlier, according to data published Thursday by Re/Max.

Yields on government-backed mortgage securities narrowed to the least relative to benchmark debt in more than two years, cushioning the blow of a slump in Treasuries for homebuyers.

The government conservatorship of Fannie Mae and Freddie Mac was never meant to authorize lasting control over the housing sector, according to one of the people who advised Congress on the Housing and Economic Recovery Act.

Mortgage rates declined, keeping borrowing costs at the lowest levels since May 2013.

Refinancing volume rose for the fourth consecutive month in November, according to Ellie Mae.

Originators need to have quality and consistency in their marketing and public relations.

NeighborWorks America has named Paul Weech as its new president and chief executive.

GuardHill Financial Corp. CEO Alan Rosenbaum has recruited veteran New York City mortgage originator—and former competitor—Melissa Cohn to bring an under-the-radar lender out of the shadows.

The Senate approved a bill late Tuesday that would retroactively extend over 50 expiring tax provisions for one years, including one that shields distressed homeowners from paying taxes on any mortgage debt forgiven in a short sale.

The Russian ruble is in freefall — it's down more than 50% since January — and interest rates are climbing on the back of the Bank of Russia's aggressive efforts to shore up the embattled currency.

The housing market will resume its recovery in 2015 after a "disappointing" year as sales accelerate, construction increases and mortgage credit eases.

George Engelke Jr., former chairman, president, and chief executive of the Astoria Financial in Lake Success, N.Y., has died.