Origination

Since taking office in November of last year, acting Consumer Financial Protection Bureau Director Mick Mulvaney's actions have sparked outrage from his critics seemingly at every turn, including several times just last week.

While mortgage application defect risk declined overall in March, at the local level it varied considerably, according to First American Financial Corp.'s Loan Application Defect Index.

The corner of Ninth and East Passyunk Avenue in South Philadelphia is no stranger to crowds. A developer's proposal to build three rowhouses and 21 apartments atop 5,300 square feet of new commercial space just steps from the busy intersection could only make it worse.

Plans for a West Palm Beach, Fla. development with micro-condominiums, affordable apartments, offices, a grocery and a park, have collapsed over city commissioner concerns the developer couldn't make it happen.

Ellie Mae's first-quarter net income of a little over $2 million was lower than last year's due to some one-time expenses, but continuing operations numbers exceeded analysts' expectations.

The Federal Housing Finance Agency's plan to combine Fannie Mae and Freddie Mac mortgages into a single security starting in June 2019 promises to bring both benefits and challenges to the mortgage sector.

Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59% as Canadian government bond yields touched their highest levels since 2011 this week.

Mortgage industry hiring and new job appointments for the week ending April 27.

The CFPB finalized an amendment to its "know before you owe" mortgage disclosure rule that gives lenders more flexibility to adjust closing cost estimates and pass those increases on to borrowers.

Home prices in nearly half of all major markets are still below their precrisis peaks. Here's a look at 12 cities on the verge of crossing that threshold.