Origination

Single-family home prices in the Seattle area continue to reach new highs despite increasing inventory in May, according to the Northwest Multiple Listing Service.

Metro Denver experienced a nearly 25% surge in the number of homes and condos available for sale in May versus April, according to a monthly update from the Denver Metro Association of Realtors.

Since its inception, the qualified mortgage rule has been synonymous with loans purchased by Fannie Mae and Freddie Mac or guaranteed by government agencies. But a broader QM definition could change that by creating more competitive private-label options.

Angel Oak Commercial Lending has acquired a controlling interest in lender Cherrywood Mortgage in order to strengthen its focus on small-balance commercial lending.

Despite the Bay Area's natural beauty and booming job market, nearly half of its residents now want to get out, citing a creeping disillusionment with the high cost of housing.

At least 38 projects totaling 3,337 units were proposed in Massachusetts in 2017, which is far more than the five projects totaling 391 units proposed in 2010, the basement of the Great Recession.

Black Knight has acquired HeavyWater, a developer of artificial intelligence and machine learning technology for the mortgage industry, and plans to incorporate the startup's borrower data verification and other automation capabilities into its existing product suite.

Anticipated changes to the qualified mortgage rule will give lenders more options and force them to rethink their views on risk.

Home prices rose again in April for most of the Sacramento region's neighborhoods.

The heart of the nation's tech sector, the astronomically expensive Santa Clara County, Calif., leads the state in residents looking to move out of town, a new report found.