Mortgages

A new tariff on Canadian lumber threatens to further disrupt homebuilding at a time when lenders are increasingly concerned about a purchase mortgage resurgence that has failed to materialize.

Paulson & Co. and Blackstone Group are among investors backing a proposal that Fannie Mae and Freddie Mac be recapitalized and released from U.S. control without legislation.

Guild Mortgage is reaching out to millennials who often have higher debt-to-income ratios and lack down payments with a grant that allows them to put just 1% down.

Voters during a special town meeting approved a measure that would allow the town to bid up to $5 million on 87 acres of land across from the Village Fire Station on North Street in Kennebunkport, Maine, that is likely headed for foreclosure next week.

Home-price growth in the Portland area is slowing down, but rising prices here still outpace most of the nation's major cities.

Mortgage rates inched lower for the third consecutive week and set a new low for the year, according to Freddie Mac.

Fannie Mae's credit risk sharing transactions since 2013 have grown to the point where the total for the unpaid principal balance transferred has reached $1 trillion.

A real estate investment fund controlled by the Blackstone Group is tapping the commercial mortgage bond market to refinance a portfolio of life science, laboratory and medical properties.

Wayne Francis, the lawyer and real estate speculator captured while hiding in a Connecticut hotel room over the holiday weekend, was presented in court Tuesday on a larceny charge and held on a $2 million bond.

Sales of homes in April throughout the Cincinnati region remained strong, but could not maintain a record-setting pace, according to the latest data from the Cincinnati Area Board of Realtors.

Financial regulators issued joint guidance on Wednesday highlighting the availability of cross-state appraiser licensing agreements.

Application volume decreased 3.4% from one week earlier, according to the Mortgage Bankers Association.

Housing demand unexpectedly weakened for a second month across most regions as lean inventory took a toll on affordability, putting a damper on the typically busier spring selling season.

Optimal Blue, a mortgage technology provider owned by private equity firm GTCR, has acquired Comergence Compliance Monitoring.

South Florida home prices increased 6% in March compared to a year ago, but the biggest gains nationwide are happening in the Pacific Northwest.

Auditors performing a review of Ocwen Financial padded time sheets and claimed excessive and improper expenses, including lengthy travel and meals at strip clubs and casinos, according to a lawsuit filed against Fidelity Information Services.

On New York's Roosevelt Island, a sliver of land across the East River from Manhattan, real estate broker Ben Garama is trying to set a record — and make a statement.

DLJ Mortgage Capital, a subsidiary of Credit Suisse, is securitizing $91 million of loans insured by the Federal Housing Administration that were once delinquent but are now making timely payments.

As Seattle tops the country for home price growth for the seventh straight month, the local real estate market has gotten so competitive that it's now nearly impossible to avoid a bidding war.

Nearly 10 years after the housing bubble burst, the median home-sale price in the Philadelphia suburbs is down 11%, having dropped $27,000, from $242,950 in the first quarter of 2007 to $216,000 in 2017.