Origination

Mortgage rates were unchanged over the past week, but appear to be headed higher with a robust summer home sales season expected, according to Freddie Mac.

Wells Fargo must pay $97 million to home mortgage consultants and private mortgage bankers in California who didn't get the breaks they were entitled to under the state's stringent labor laws.

Mortgage applications decreased by 0.4% and were down for the fifth straight week, as key interest rates also fell slightly, according to the Mortgage Bankers Association.

As the American population migrates to the suburbs and midsize cities, mortgage lenders and real estate professionals must re-examine their customer relationship management and lead generation strategies to better serve potential borrowers.

California is set to become the first state to require solar panels on all newly built single-family houses.

Real estate brokers said it could easily be a year or two before property values in the immediate and surrounding areas of lava breakouts recover after the eruption ceases.

Bank of Montreal is wooing homebuyers with a variable mortgage rate with the biggest discount ever by a large Canadian bank, according to one market watcher.

Home prices, jobs and evolving consumer behaviors are restoring prerecession migration patterns.

The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.

Dallas-area home prices grew slightly faster than the nationwide rate in the latest comparison by CoreLogic.