Real estate

Changes to the tax code approved by Congress may set the stage for increased privatization of real estate investment trusts, according to a new report from Fitch Ratings.

Bill de Blasio's plan to create apartments for New York's poor and middle class has come under fire from community leaders who say that what developers and the mayor call "affordable" remains out of reach for those in need.

Senior citizens' equity in their homes rose by about $147 billion to $5.76 trillion, from the second quarter to the third quarter, according to the National Reverse Mortgage Lenders Association.

The rising number of Chinese buying U.S. homes could be a boon for investors with a stake in residential mortgages.

New homes sold at a slower pace than projected in November, a sign momentum in housing is cooling as the year draws to a close.

Vestin Realty Mortgage I Inc. in Las Vegas said it will seek to remove its common stock from trading on Nasdaq.

Sales of previously owned homes slumped in November to the lowest level since April of last year as a change in industry rules lengthened the amount of time it took buyers to close on a deal.

Home prices are likely to decline because of the increase in short-term interest rates, but observers are split on whether it will hurt or help sales.

Home prices rose in October as the improving job market stirred competition for a dwindling inventory of listings.

The recovery in the housing market will slow dramatically over the next 10 months, according to Weiss Analytics.

National Cooperative Bank has formed a partnership to invest $40 million in an effort to provide loans for resident-owned manufactured home communities.

CoreLogic has agreed to buy FNC, a provider of real estate software, for $475 million in cash.

Real estate finance services provider Chronos Solutions in Frisco, Texas, has acquired San Diego-based mortgage technology company Cogent Road.

Credit scores on closed loans have declined for six consecutive months, according to the latest Ellie Mae Origination Insight report.

Mortgage applications declined 1.1% on a seasonally adjusted basis for the week ending Dec. 11 compared to a week earlier, according to the Mortgage Bankers Association.

New-home construction rebounded in November, led by gains in single-family dwellings that signal the residential real estate industry will continue to support growth in the world's largest economy.

Potential homeowners won't let the Federal Reserve's potential rate hike this week prevent them from buying a house, according to Zillow.

Confidence among homebuilders in December slipped further away from a decade high, a sign progress in the housing industry may moderate as developers fret over rising costs for lots and labor.

Many consumers misunderstand what is required to obtain a residential mortgage, according to a new Fannie Mae study.

Mortgage applications for new homes declined in November, although not as sharp a drop as is typical for this time of year, according to the Mortgage Bankers Association.