Origination news
Contracts to purchase previously owned U.S. homes climbed in April by the most since October 2010, adding to signs that the industry’s busy selling season was off to a good start, according to data released Thursday by the National Association of Realtors.
Loan rates moved up slightly from their 2016 lows as anticipation grows of a rate hike this summer courtesy of the Federal Reserve, Freddie Mac reported.
The Board of Adjustment in Portsmouth, N.H., rejected a request to grant a special exemption and several variances so a developer could build a four-story, 36-unit "age targeted" development for seniors on the Route 1 Bypass.
New research findings challenge common assumptions about borrower behavior, illustrating how trended data — something mortgage lenders will soon be required to collect — could be a game-changer.
Caliber Home Loans in Irving, Texas, has agreed to acquire Fairfield, Calif.-based First Priority Financial.
The Department of Housing and Urban Development is telling lenders that down payment assistance programs still qualify for FHA backing despite concerns raised last year by HUD’s inspector general.
American Advisors Group has released its jumbo reverse mortgage loan product to its wholesale network in California.
While the housing market in the South still has room for improvement, states and metropolitan areas in that region are showing the strongest growth, according to Freddie Mac's latest Multi-Indicator Market Index.
With the nominees likely clear for the Republican and Democratic presidential tickets, speculation has turned to whom Donald Trump and Hillary Clinton could pick as their running mates. A number of those names mentioned are key figures on financial policy. Following are some of the top possible picks.
Mortgage applications and interest rates both increased during the week ending May 20, according to the Mortgage Bankers Association’s weekly survey.
U.S. home prices rose 5.7% in the first quarter from a year earlier as buyers competed for a limited supply of listings.
If the Federal Housing Administration wishes to take seriously the concerns lenders have about the definition of a loan error, demonstrating flexibility in crafting and revising its guidelines is a good place to start.
The Broward County, Fla., real estate market continues its upward climb, with property values rising for the fifth straight year.
A year after neighborhood groups and affordable housing advocates filed federal complaints saying Minneapolis and St. Paul contributed to racial and ethnic segregation, community members said they are cautiously optimistic that change is on the way.
Median investment home prices are rising thanks to all-cash sales, according to a report from the online real estate investment management firm HomeUnion.
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