Origination

Homebuilders are sinking — and blame that on disappointing economic data and earnings reports that trailed estimates.

Redwood Trust has priced a new stock offering that is aimed at increasing funding to new initiatives like investments in the single-family rental and multifamily sectors as well as routine business.

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.

A lack of new and existing homes for sale led to a drop in purchase and overall mortgage application volume although refinances grew.

Purchases of new homes fell in June to the slowest pace in eight months, while the median selling price declined to the lowest in more than a year.

Both home price increases and the reduction in the houses for sale inventory slowed in June, a good sign for purchase activity picking up in the second half of the year, according to Redfin.

The Southern California median home price reached a new all-time high in June, jumping 7.3% from a year earlier.

June home sales in Greater Hartford lost the upward momentum of earlier this year, as purchases and prices paid slipped for the second month in a row.

One of the biggest trade secrets cases in U.S. history took a bizarre turn, with the company that lost a $706 million jury verdict saying it uncovered "bombshell" evidence of fraud thanks to whistle blowers who used to work for the winning side.

Michael Bright co-wrote a paper in 2016 that envisioned making the agency a backstop for the housing finance system, but appeared to distance himself from the proposal at his confirmation hearing.