Origination

That amount of consolidation would be a leap from the previous three-decade high of 33 in 2018, according to Stratmor.

The starter home is becoming a myth for many first-time home buyers in the Sacramento market.

Problems with the closing protection letter are the predominant cause of those errors, a FundingShield report determined.

Major efforts are underway to eliminate discriminatory practices in property valuations.

A former director of digital turned enterprise consultant offers a perspective on how things could have gone differently for the lender that recently exited the forward-mortgage business.

The closure of its nationwide retail business — which followed the shuttering of its consumer direct business in Q2 — pushed the Florida bank into a $1.4 million loss for the most recent quarter.

The $93 million deal comes one year after Cavco, a manufactured housing construction company itself, completed the purchase of another builder, The Commodore Corp.

About half of the Texas-based lenders' offices are transitioning to American Pacific Mortgage, according to a source.

U.S. pending home sales sank last month by the most since the immediate aftermath of the pandemic, illustrating a swift and steep downturn for a housing market beset by soaring borrowing costs.