Daily Dose

It has been a tough year so far for Morgan Stanley. So the news that the investment banking firm’s net income rose substantially and beat expectations came as welcome news.

Americans 55 and older remain a major piece of the U.S. housing market and will continue to be for a long time, because they aren’t playing by conventional logic.

Americans with money to set aside that they do not plan on using for the next 10 years would rather invest in real estate than any other type of investment, according to a recent survey.

The Federal Housing Administration announced it will insure mortgages on some properties that include Property Assessed Clean Energy (PACE) assessments.

The first and second quarters of 2016 told two different stories for Goldman Sachs as far as earnings and overall business operations.

The effects of last month’s Brexit vote are starting to take hold in the U.S. mortgage market, where cautious (but definitive) optimism has sparked the refinancing sector.

Investment firm Blackstone Group LP plans to go public with its Invitation Homes unit sometime during the first half of 2017, according to a report from Bloomberg.

Housing starts were down slightly and building permits were down substantially over-the-year as demand continues to outpace supply by double-digit percentages.

The U.S. Office of Special Counsel ruled on Monday that HUD Secretary Julián Castro, who is on Hillary Clinton's short list of possible running mates, violated a law that prohibits federal government employees from engaging in political activity on the job.

Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.