Origination

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.

For the first time in a year and a half, Washington is no longer the state with the hottest housing market in the country, though not because homes here have suddenly become cheap.

Since 2000, the southeastern Atlantic coast has seen a 160% increase in high tide flooding, the number of days when coastal water levels reach or exceed a half meter over the long-term average highest tides.

The Bay Area continues to lead the state in shattered homeownership dreams.

Amid a tight housing market and rising rates, mortgage brokers and wholesalers have been engaged in an intense competition for control over borrower relationships.

The Trump administration has argued that the Affirmatively Furthering Fair Housing rule, issued in 2015, was too prescriptive.

The reliance on nonconventional financing to fund new single-family housing is dropping, with the share accounting for less than a third of the market for the second year in a row.

The relative shortage of houses for sale in the Baltimore region continues to push up sales prices, with the median price of a home in July up 2.6% from this same month last year to $277,000.

If you're trying to buy a house in Charlotte, buckle up for a rough ride: The inventory shortages and high prices that have plagued buyers for months got worse in July.

The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore.