Virginia

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.

Movement Mortgage is laying off 100 employees nationwide as the lender founded by a former Carolina Panthers player braces for an industry slowdown.

Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches.

FHA mortgage denials are higher now than they were 20 years ago. Here's a look at the 12 housing markets with the largest combined denial rates for black, Asian and Hispanic applicants.

After narrowing its search to 20 cities, housing experts predict Amazon will choose Atlanta or Northern Virginia as its second headquarters, which will have a profound impact on both housing and the economy in and around the chosen city.

Movement Mortgage quietly laid off employees at its Indian Land, S.C., headquarters late last week as well as other offices across the U.S.

Here's a look at 10 housing markets where limited competition, lower prices and plentiful inventory give buyers the upper hand in home sales transactions.

Dozens of workers at the Frederick, Md., office of First Guaranty Mortgage Corp. will be out of work after layoffs were announced, but the office won't close as initially reported by a state agency.

Mortgage closing costs average nearly $4,900 nationwide. But in some states, those fees can reach or exceed five figures. Here's a look at the areas where it costs the most to close a mortgage.

Potential first-time home buyers can save money for a down payment if they are able to use a special account just for that purpose.

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.