Origination

The Georgia company made more loans and controlled costs. As a result, it had a 1% return on assets and an efficiency ratio below 60%.

Nearly 10% of Walter Investment Management Corp.'s employees will lose their jobs after it closes Ditech's Irving, Texas, office, a notice filed with the Texas Workforce Commission said.

The Department of Housing and Urban Development is implementing reforms to its reverse mortgage program and providing more counseling resources for seniors who are considering the product, Secretary Ben Carson said Monday.

Walter Investment Management Corp.'s share price has fallen below a threshold required by the New York Stock Exchange, but the exchange will give the company time to rectify the situation.

Total bonuses paid to assistants, processors, closers and managers have been rising as lender retention and merger activity have heated up.

Loan application activity for the purchase of newly constructed homes decreased 4% in June from the previous month, according to the Mortgage Bankers Association.

Canadian home sales fell 6.7% in June from the previous month, led by a 15.1% decline in transactions in the once-surging market of Toronto.

Last month, Natalie and David Buckholdt were searching for a home to rent in Lima, Ohio, where David was being transferred.

When Suna and Robert Shaw bought their previous home in Windham in 2004, the process was akin to taking a leisurely stroll.

The latest readings on mortgage credit availability show slight improvement month-to-month, reversing course after two consecutive declines in April and May.