Origination

Mortgage industry hiring and new job appointments for the week ending Aug. 28.

Pending home sales rose in July by more than forecast to the highest level since 2005, signaling the housing market’s sharp recovery will continue with borrowing costs to stay low for the foreseeable future.

Many mortgage companies are hoping to operate remotely through year-end and are asking regulators for relief to that end.

Mortgage rates decreased by 8 basis points this week, remaining near record lows, while a strong purchase market should continue into the fall, according to Freddie Mac.

Three non-QM deal issuers in August report varying levels of progress in moving borrowers from expired forbearance programs.

Party polarization and racial equity issues make it tougher for trade groups to manage internal divisions while ensuring the field supports those who get their hands on the levers of power.

The California Assembly is considering a bill that would require local governments to permit duplexes on parcels now largely restricted to one house, in effect eliminating single-family zoning that dominates in most suburban residential neighborhoods.

After three straight months of double-digit percentage declines, single-family home sales in Massachusetts rebounded to set new records in July.

With mortgage rates and housing inventory both at all-time lows, the majority of consumers would overshoot their budgets for the right home without accounting for future costs, according to LendingTree.

Mortgage application volume decreased 6.5%, falling for the second consecutive week with refinance activity at its lowest since early July, according to the Mortgage Bankers Association.