Industries

The amount of commercial and multifamily mortgage debt outstanding rose to a record high in the third quarter, according to the Mortgage Bankers Association.

Nicholas Schorsch, American Realty Capital Properties Inc.'s former executive chairman, is walking away from a compensation package valued at about $100 million, company filings show.

New-home construction exceeded a 1 million annualized pace in November for a third consecutive month, continuing a slow recovery in the housing market.

Treasury Secretary Jacob Lew's decision to give more help to homeowners who have already gotten mortgage assistance has sparked opposition from Republicans aiming to end President Obama's foreclosure prevention program.

Confidence among homebuilders hovered in December close to a nine-year high, indicating the residential real estate recovery continues to make progress.

Commercial mortgage-backed securities risk as measured by an index of underwriting and macroeconomic variables is up 11 points from 2013. That's still below its 2007 level, a researcher noted Thursday.

Here are three ideas that can be implemented between now and Jan. 2 to get your business in 2015 off to a flying start.

A recent study found that homeowners who choose not to refinance lose out on tens of thousands of dollars in savings.

The first listed Australian landlord of U.S. housing is hunting for rundown properties in the New York City area as prices hit new highs.

Mortgage lending, particularly for bigger banks, cooled some in October as home buying season ended. Meanwhile, loan pricing deteriorated again, showing that lenders are still cutting rates to land the best credits.

Consumers were more optimistic about their ability to buy a home in November compared to the previous month, according to Fannie Mae.

Lereta, a real estate tax firm in Covina, Calif., has acquired Industry Consulting Group, a property tax services company with offices in Dallas and Wichita Falls, Texas.

Historically, net worth has been the primary, if not sole, criteria used by lenders in segmenting mortgage customers.

Renters figure to stay renters, at least for the next three years, according to a new report by Freddie Mac.

Fannie said it will immediately begin accepting applications for fixed-rate 97% loan-to-value financing of borrowers with FICO scores as low as 620. Freddie, meanwhile, took a more cautious approach, delaying the start of the program, requiring credit counseling, and in some cases only allowing FICO scores as low as 660.

Older homeowners have emerged as the pillar of the housing market following the collapse in 2008.

Title insurance premium volume decreased in the third quarter compared to a year earlier due to a struggling purchase market and declining refinance activity.

Fannie Mae and Freddie Mac have set terms for letting borrowers put down as little as 3% of a home's cost to get mortgages, a step criticized by Republican lawmakers as a return to risky lending.

PennyMac formed the new division to provide multifamily and other commercial loans under $10 million.

One in five U.S. housing markets are now less affordable than their historic average as price gains outpace income growth from New York to San Francisco.