Origination

A change in the formula that banks use to calculate borrowers’ debt-to-income ratios, announced by Fannie Mae in April, appears to be spurring more lending.

A Hazleton, Pa., real estate agent who admitted bilking home buyers out of hundreds of thousands of dollars through bogus property sales was sentenced to serve more than four years in federal prison.

As a year of record-breaking home-price increases continues across the Seattle area, millennials and other first-time buyers are coming to grips with the reality that they simply can't save up quickly enough to match the rise in home costs.

Lenders could be responsible for water quality issues affecting borrowers and properties if the Federal Housing Administration follows through with its response to an inspector general's report.

Nondepository mortgage bankers and brokers increased their headcounts in August, but hurricane recovery efforts and other macro factors may stymie additional growth.

The president and founder of a now-defunct East Falmouth, Mass., mortgage company pleaded guilty to charges that he defrauded the federal government out of about $2.5 million.

Mortgage industry hiring and new job appointments for the week ending Oct. 6.

The program to purchase and support affordable mortgages for New Yorkers will include an RBC unit and provisions for military veterans.

Here's a look at 12 cities where the median home sales price is below $215,000, but the combination of housing costs, local wages and other market forces is making home purchasing power disappear in these once-cheapest places to live.

Home affordability improved in most markets in the third quarter compared to the previous, but was still worse off from a year ago, according to Attom Data Solutions.