Virginia

The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.

Even before Amazon.com Inc. completes its Northern Virginia office hub, the e-commerce giant has helped make the area the most competitive housing market in the U.S.

The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.

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.

Presidential candidate Sen. Elizabeth Warren, D-Mass., and another Democratic senator are asking whether Kushner Cos. "may have received special treatment" on a U.S.-government-backed loan of about $800 million.

Home sales in both Manhattan and Arlington, Va., jumped after Amazon.com Inc. selected the two sites for its second headquarters. However, the Manhattan market cooled after Amazon dropped the city from the list.

Live Well Financial, a reverse and traditional mortgage lender that abruptly stopped originating on May 3, will lay off 103 employees, according to a Virginia Employment Commission filing.

A recent pyramid scheme highlights why mortgage lenders should keep an eye out for misrepresentation when reviewing electronic documents and signatures.

McLean Mortgage is not going forward with a potential sale to Congressional Bank in Bethesda, Md., saying an agreement that made sense for all parties wasn't possible.

New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.

Amazon's new HQ2 facilities in New York City and Washington, D.C., will create a flurry of housing and mortgage activity. But the direct benefits to mortgage lenders won't be as significant as they could've been in many of the other cities on Amazon's list of 20 finalists.

Priced-out Seattleites hoping for a housing market crash with Amazon expanding to two new "headquarters" locations might be disappointed.

Texas is expected to be the tipping point in online closing adoption, and title companies predict that e-closings will soon be standard operating procedure.

Amazon will choose two locations for its new headquarters, according to the Wall Street Journal, which cited an unidentified person familiar with the matter.

Amazon has yet to announce the winning city for its second headquarters, but investors in JBG Smith Properties seem pretty convinced that northern Virginia is going to take the cake.

Movement Mortgage, citing the continuing deterioration of the housing market, is eliminating approximately 180 back office positions on Oct. 5.

Overall home sales on the Virginia Peninsula in August were on par with last year, but the median sales price of existing or resold homes continued to increase.

Casey Crawford, CEO of Movement Mortgage, bought First State Bank in Virginia last year. He has since injected more capital into the bank in an effort to reinvent it.

Atlantic Bay Mortgage Group and Virginia Community Bank have agreed to back out of a merger that would have been a rare instance of a nondepository lender acquiring a depository institution.

Five potential witnesses against Paul Manafort, including accountants and bankers, were identified Monday as a U.S. judge gave the former Trump campaign chairman's lawyers more time to review tens of thousands of documents handed over to them in recent weeks.