Origination

Mortgage industry hiring and new job appointments for the week ending June 23.

The median price of a single-family home in Marin County, Calif., hit a new high in May to $1.25 million.

The U.S. Supreme Court dealt a blow to property-rights advocates, ruling against four siblings who said they were unconstitutionally barred from building on a Wisconsin riverfront lot.

Record prices for new homes amid a sales pickup indicate the supply of houses may be tight at the lower end of the market, pinching first-time buyers.

Over 45% of the borrowers the collateral pool have FICO scores above 760, compared with just 36.42% in the marketplace lender's most recent transaction, completed in May.

Home Point Financial Corp. has formed an Institutions Group to bring the correspondent, capital markets and warehouse lending teams under one umbrella.

The housing market is looking a little top-heavy these days.

In summer 2007, the Los Angeles County median home price hit an all-time high of $550,000. It soon plunged as the housing bubble burst and the national economy crashed.

Homebuyers went on a shopping spree in Miami-Dade in May — and snapped up enough houses to set a new record.

Mortgage rates remained at their 2017 lows as ongoing economic uncertainty is affecting loan pricing, according to Freddie Mac.