Origination

Median prices for single-family houses and condominiums on Maui increased by double-digit percentages in May as low inventory prompted buyers to snap up properties at a rapid pace.

The HUD secretary said millennials are being shut out of the market but the purchase of a condominium unit is often the first step to homeownership.

The House passed a bill that assigns Qualified Mortgage status to loans that banks hold in portfolio.

Mortgage industry hiring and new job appointments for the week ending June 9.

Mortgage credit availability declined in May as lenders reduced the number of government-guaranteed products they market by nearly 2%.

The parent of Howard Hanna Real Estate Services said it had acquired 1st Priority Mortgage Inc. and Nothnagle Home Securities, completing the last stage of its purchases of RealtyUSA and Nothnagle Realtors.

North Texas home prices are still on a hot streak.

The number of first-time single-family homebuyers has hit a peak not seen since 2005 and is expected to spur the origination of more mortgages with higher loan-to-value ratios.

Democrats are raising concerns about a Republican push to transfer more of the risk of flood insurance to private insurers.

East Chicago, Ind., residents again are pushing for more oversight in the cleanup efforts at the U.S.S. Lead Superfund site, as plans are being circulated on the demolition of the West Calumet Housing Complex.