Origination

New York City’s home sellers, tired of waiting for buyers, slashed prices on almost 800 listings in a single week this month, the most in at least 12 years.

The federal government has paid out $163.9 million in flood insurance for 1,100 homes in North Carolina with severe repeitive losses, which is almost 60% of their combined total value.

The deadline for mortgage lenders and servicers to sign up to participate in NMN's inaugural Best Mortgage Companies to Work For survey and rankings is Friday, Sept. 21.

There is a sharp increase in the number of Denver-area residents searching for homes in other metros compared to the number of people in other cities looking for properties in the area, according to Redfin.

A Jacksonville, Ill., church facing foreclosure has a new lease on life after months of fundraising.

Sales of previously owned homes were unchanged in August, indicating buyers are balking at higher prices and leaving more inventory on the market for the first time in three years, a National Association of Realtors report showed.

A new financial technology company called Scratch is planning to use a new web-based platform along with an alternative pricing model to compete with companies that service mortgages and other consumer loans.

Mortgage rates increased 5 basis points this week, up for the fourth week in a row with momentum building for further hikes, according to Freddie Mac.

Advocates are seeking more federal funding for affordable housing. A federal investigation into the banks’ alleged manipulation of a popular tax-credit program can’t be helping their cause.

A former Federal Home Loan bank president argues that the system should limit its exposure to risky nonbanks.