Origination

Gary Klopp of Nottingham, Md., was ordered to pay more than $525,000 and temporarily barred from working in the mortgage industry by a U.S. District Court judge for violating a previous court order, according to Maryland Attorney General Brian Frosh.

Sales of previously owned homes fell in April to a three-month low as lean inventory continued to stand in the way of further progress while driving up prices.

As President Trump signed the regulatory relief bill into law on Thursday, most of the attention was on a provision to help regional banks with more than $50 billion of assets. But a majority of the new law is aimed at helping institutions below $10 billion. Here's how.

The industry’s biggest legislative victory in a decade made it to the finish line Thursday.

Mortgage rates continued their climb this week, jumping 5 basis points to their highest level since May 2011, according to Freddie Mac.

A group of low- and moderate-income first-time homebuyers tracked in a Fannie Mae study did not properly prepare to get a mortgage, which created a prolonged and complicated purchase process.

San Diego County's median home price hit an all-time high of $570,000 in April, increasing 8.6% in a year.

A mix of escalating construction costs and changes to the federal tax code is hampering San Francisco's ability to finance and build affordable housing.

The Canadian banks' second-quarter profits were also boosted by double-digit income growth at their U.S. operations.

Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.