Origination

Mortgage industry hiring and new job appointments for the week ending May 19.

Canadian government officials delivered a vote of confidence in the country’s housing sector and banking system, telling lawmakers that Vancouver and Toronto’s real estate markets are supported by fundamentals that leave risks well-contained.

The spring home buying season got off to a sluggish start in Greater Hartford with home sales and prices sliding in April compared with a year earlier.

New York Gov. Andrew M. Cuomo signed legislation sending $2.5 billion to the construction and preservation of affordable housing, celebrating it as the start to his $20 billion plan to combat homelessness.

JPMorgan Chase is marketing another offering of bonds backed by a mix of conforming and jumbo residential mortgages, according to Moody's Investors Service.

The majority of mortgage lenders don't expect to use chatbots to communicate with clients anytime soon, the results of a Fannie Mae survey said.

The lack of knowledge around the home purchase process was cited by 39% of mortgage executives as the leading barrier keeping potential first-time buyers from entering the market.

The time needed to close a mortgage improved nine days since the start of the year as the market has shifted to doing more purchase loans.

Consumers already apprehensive about affordable housing in South Florida will take little comfort in the latest price increases for existing single-family homes.

While mortgage rates dropped just three basis points this past week, Wednesday's stock market sell-off could drive them even lower going forward, according to Freddie Mac.