A gauge released this week shows the labor market improved at a moderate pace in October, with previous measures also seeing a lift in revision.

Two of the country's biggest banks have agreed to pay tens of millions of dollars to settle a suit claiming they failed to protect investors of mortgage-backed securities (MBS) in the wake of the subprime crash.

As the share of first-time homebuyers hovers at its lowest level in nearly three decades, real estate professionals remain optimistic that homeownership is due for a comeback.

Despite growing economic confidence, Americans' housing sentiment remained mixed in October, according to survey findings from Fannie Mae.

U.S. employers added 214,000 jobs last month, the Bureau of Labor Statistics (BLS) reported Friday morning. Economists had expected payrolls would increase by 240,000, a slight decline from September's preliminary estimate of 248,000 new jobs added.

Hosted by Safeguard Properties in Washington, D.C., this year's conference featured a host of policy experts offering insights on what's happening inside the beltway,

According to Fannie Mae, the increase was driven primarily by lower fair value losses and an increase in revenues. Also contributing to the third-quarter boost in profits was a recently announced settlement between Goldman Sachs and the GSEs' conservator, the Federal Housing Finance Agency (FHFA), over faulty residential mortgage-backed securities (RMBS).

Mortgage credit standards remained largely unchanged over the past three months as demand weakened overall, according to a report from the Federal Reserve.

LenderLive Network, a domestic-based, end-to-end mortgage services provider headquartered in Colorado, announced the hiring of David Greif as regional account executive representing the company's Correspondent Lending division in Florida.

A major part of that decline comes from stagnating wages, which came to a median $29,000 in doubled-up households in 2012. On average, Zillow says doubled-up adults make about 76 percent of the median income of people living without roommates, making it more difficult for those Americans to save up money for initial housing costs.