Origination news
Mortgage rates ticked up slightly across the board as the bond market settled from its post-Brexit volatility, but they remained near their historic lows, according to Freddie Mac.
Sales of previously owned homes unexpectedly climbed in June to the highest level in more than nine years, giving a boost to residential real estate as it approached the end of its busy selling season.
Wintrust Financial in Rosemont, Ill., reported strong momentum from mortgage growth and acquisitions.
Southern California apartment rents hit record highs in the spring, two new market reports show.
HUD reverses course and decides to investigate findings by the Inspector General that some DPA programs don't comply with FHA rules.
For the third straight month, the Bay Area's median home price has reached a new record, real estate data service CoreLogic said.
Homeownership may now be in reach for more people in the region, including those in higher-income brackets who don't typically qualify for traditional home-purchase assistance programs.
FNF Group, the title insurance business of Fidelity National Financial Inc., had net earnings of $187 million for the second quarter, up from $160 million last year.
The Consumer Financial Protection Bureau's fifth anniversary marks an important shift for the agency in which it pivots from rules required by the Dodd-Frank Act to pursuing other areas.
Property valuation firm LRES will now offer commercial evaluations as a result of its March acquisition of InsideValuation.
Fannie Mae has priced its Connecticut Avenue Securities, the series 2016-C04, at tighter spreads to its previous deal, completed in April.
Purchase originations reached their highest share of the total number of loans closed in almost two years, according to Ellie Mae.
There were patterns of racial disparities in mortgage originations in the St. Louis, Milwaukee and Minneapolis metropolitan statistical areas, according to the National Community Reinvestment Coalition.
A private flood insurance bill passed by the House is making Fannie Mae and Freddie Mac uneasy because they fear it could lead to greater losses, according to a recent report by the Government Accountability Office.
Mortgage applications decreased 1.3% from one week earlier as rates on conforming and jumbo mortgages increased by five basis points, according to the Mortgage Bankers Association.
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