Origination

Fannie Mae and Freddie Mac have different timelines for the switch.

Embrace will originate and close home loans in its own name for clients of the wealth management firm.

Michigan's economy collapsed this spring amid the coronavirus pandemic as thousands of businesses closed and more than 1 million residents lost work and sought unemployment benefits.

Mortgage rates fell this week to the lowest level ever recorded by Freddie Mac, even as it appears the relationship to the benchmark 10-year Treasury yield has stabilized.

Home sales dipped in April due to the COVID-19 pandemic, but the decline in Virginia wasn't as severe as many had anticipated, according to Virginia Realtors.

Kalahari Resorts defaulted on a $347 million mortgage originated by JPMorgan Chase

The company will still offer the product it is most known for, Point.

The coronavirus made it particularly tough for independent contractors and independent business owners to get home mortgages, but there are some signs that market may recover soon.

U.K. home sales collapsed last month as the government effectively shut down the market to help slow the coronavirus outbreak.

Home sales in Chattanooga, Tenn., fell nearly 18% last month and the inventory of houses on the market fell by more than 26% as home-bound Chattanoogans were less likely to want to either buy or sell their homes during the worst of the coronavirus shutdowns in April.