Origination

The global hospitality industry is facing the worst downturn in its history, and New York, the epicenter of the coronavirus outbreak in the U.S., is poised for a painful recovery.

Democrats’ latest proposal to back debt collectors, enable loans for nonprofits and provide other relief could help steer negotiations with the Senate on more stimulus.

Only 244 single-family homes were sold in Sonoma County, Calif., in April, down from 300 in March and 363 in April a year ago.

Sales of single-family homes plunged 19% in April, ending a nine-month string of year-over-year gains as Houston-area buyers and sellers hunkered down despite real estate transactions being considered an essential part of the economy.

Mortgage industry hiring and new job appointments for the week ending May 15.

The upstarts enjoyed rapid growth during the long economic expansion. Now they are on the ropes.

While most work activities were halted in April to reduce the spread of the coronavirus, people continued to buy and sell real estate.

JPMorgan Chase's asset-management unit and joint-venture partner American Homes 4 Rent are betting on the Las Vegas rental market.

The economic contraction will keep mortgage rates low for the foreseeable future.

Mortgage rates remained generally steady this past week, even with the continuing market volatility, and that is helping the purchase market, according to Freddie Mac.