Origination

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A city agency that in recent years lost its luster as a place where low-income New Orleanians could go for low-interest mortgages is set to re-emerge as a key player in plans to develop more affordable housing in the city.

Galvanized by the Moms 4 Housing standoff that drew national attention to the region's affordability crisis, Oakland officials may soon overhaul the way homes are bought and sold and other Bay Area cities are considering similar measures.

Canadian builders began 2020 with a strong rebound in housing starts that is good news for the nation’s increasingly tight real estate markets.

Unexpected rate drops and other factors drove a surprising rebound in nonbank mortgage hiring during what is usually a slow season.

A larger percentage of newly originated mortgages to millennials shifted toward purchase loans as interest rates stayed low, according to Ellie Mae.

Ocwen Financial Corp. is on track to become profitable on a pretax basis by the third quarter without any special items enhancing earnings, according to a preliminary release of its fourth-quarter results.

Falling interest rates, strong job growth and declining inventories could be setting the conditions for a spring reprise of the painfully hot housing market of 2017, Seattle area real estate agents say.

While loan officers will remain mortgage lenders' leading business development tool in the future, those originators believe business will come from a more diversified source pool, a Fannie Mae survey found.

Mortgage industry hiring and new job appointments for the week ending Feb. 7.