Housing Market

Pace of U.S. home resales rises to eight-month high


WASHINGTON - U.S. home resales rose in June to their fastest pace in eight months, a signal that the housing market was pulling out of a slump.

U.S. housing starts, permits decline in June

WASHINGTON - U.S. housing starts and building permits unexpectedly fell in June, suggesting the housing market recovery was struggling to get back on track after stalling in late 2013.

17 Jul 2014

U.S. foreclosure activity hits lowest level since 2006: RealtyTrac

WASHINGTON - Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the first half of next year, an industry group said on Thursday.

17 Jul 2014

Fannie, Freddie making risky deals with small lenders: watchdog

WASHINGTON - U.S. housing finance companies Fannie Mae and Freddie Mac are making riskier deals as they increasingly purchase mortgages from smaller lenders, a federal watchdog said on Thursday.

17 Jul 2014

U.S. home builder sentiment hits six-month high in July: NAHB

NEW YORK - U.S. homebuilder sentiment rose in July to a six-month high as the view on both current and expected sales brightened, data from the National Association of Home Builders showed Wednesday.

16 Jul 2014

BofA offers $13 billion to settle mortgage probe: WSJ

- Bank of America Corp has offered $13 billion to settle a probe into mortgage securities sold by the bank, the Wall Street Journal reported, citing people familiar with the matter.

16 Jul 2014

Senate confirms Julian Castro as housing secretary

WASHINGTON - The U.S. Senate on Wednesday confirmed Julian Castro to lead the Department of Housing and Urban Development, placing the San Antonio, Texas mayor at the top of the agency in charge of housing during a sluggish recovery in the sector.

Politics, 09 Jul 2014

Mortgage applications rose in latest week: MBA

NEW YORK, July 9 - Applications for U.S. home mortgages rose last week as both purchase and refinancing applications increased, an industry group said on Wednesday.

09 Jul 2014

Judge tosses Miami mortgage discrimination suit vs BofA

- A federal judge has dismissed the city of Miami's mortgage discrimination lawsuit against Bank of America Corp, handing the city its first defeat in four suits that accuse major banks of U.S. Fair Housing Act violations.

U.S. 09 Jul 2014

U.S. strip mall vacancies decline in second quarter: Reis

- U.S. strip mall vacancies fell slightly in the second quarter, while retail mall vacancies remained unchanged, real estate research firm Reis Inc said in a report.

02 Jul 2014