The Latest

Fannie Mae increased its mortgage origination forecast as lower interest rates, driven by economic uncertainty, will lead to more refinance activity, but other factors will continue to hold back home purchases.

Verus Securitization Trust 2019-INV2 is backed by investor loans secured by 1,042 rental properties. The loans were originated by 76 different lenders.

Occidental Management is sponsoring a single-asset, single-borrower deal through JPMorgan backed by the fee simple interest from receivables of a lease-buyback arrangement with Sprint Corp.

Home prices in Arlington County, Va., are likely to reach their peak in July with a median sales price of $675,640, according to the Northern Virginia Association of Realtors.

The surge in home prices has continued across most of Cuyahoga County, Ohio, this year, with the median sales price through the first half of 2019 up 5.4% countywide and gains being posted in about four out of every five cities.

A builder based near the Lake of the Ozarks swindled six families that sought new homes in Kirkwood, Mo., out of $356,000, the builder's federal plea agreement says.

Home prices just set another record in Ada County, Idaho, with the median sale price rising to $354,405 in June. That's $11,415 higher than May's figure, also a record, and 10% higher than in June 2018.

Damage related to flash flooding from Tropical Storm Barry has the potential to affect about 340,000 homes, according to CoreLogic. Reports estimate a worst-case total of $10 billion in reconstruction cost value.

Despite a significant rise in first-mortgage production due to lower interest rates, profits from home lending in Citigroup's retail banking division fell slightly in the second quarter.

A Nomura Holdings Inc. unit will repay customers about $25 million to settle U.S. regulators' allegations that it failed to supervise traders who made false statements in negotiating sales of mortgage securities.