Origination

Celebrated by cable TV shows and touted by get-rich-quick gurus, home flipping is coming back with a vengeance across the U.S.

Mortgage rates dropped for the fourth consecutive week and hit their lowest level in nearly seven months, according to Freddie Mac.

JPMorgan Chase & Co. has agreed to provide Harry Macklowe with an $850 million loan to construct a luxury-condo tower at New York's One Wall Street.

Pittsburgh is considering offering bigger tax breaks for developers building affordable housing or creating businesses in depressed neighborhoods, but critics say the revamped abatement programs won't do enough to address a low-income housing shortage.

Lenders are feeling some relief on the regulatory front, but they still expect their compliance expenses to rise, according to a recent Lenders One survey.

Lower rates led to an increase in both purchase and refinance applications compared with the previous week. according to the Mortgage Bankers Association.

For the first time since before the recession, the entire central Puget Sound region — from Pierce to Snohomish and Kitsap counties — has set records for median home prices.

The Fannie Mae Home Price Sentiment Index fell 0.5 percentage points in May to 86.2 as the continued price increase had more stating it was a better time to sell than buy.

Production expenses averaged $8,887 per loan for independent mortgage bankers in the first quarter as there were fewer originations to absorb the costs.

CoreLogic is acquiring appraisal technology company Mercury Network from Serent Capital just two years after the San Francisco-based private equity firm purchased it.