Origination

With continuing low interest rates and no prospects of an economic slowdown on the horizon, those involved in South Bend, Ind., real estate are optimistic the residential real estate market will remain robust for the foreseeable future.

Howard Bancorp is transferring its mortgage business, along with VAMortgage.com, to a limited liability company formed by former managers in the division

Mortgage industry hiring and new job appointments for the week ending Jan. 24.

FICO plans to release a new suite of scores that could reduce defaults on newly originated mortgages by 17%, but home lenders may not use it unless the government-sponsored enterprises do.

Non-QM lending is expected to grow again in 2020, but it has some obstacles to navigate. Altisource CRO John Vella shares his insight into the sector and other hot topics.

December's potential for existing-home sales grew by 1.7% compared with November because of low mortgage rates, but in the future that factor could constrain the housing market, First American Financial said.

Bidding wars for Bay Area homes have scraped new lows, as buyer fatigue with high prices and stressful deals saturates most of the region.

Home prices in metro Atlanta were higher in 2019 than the year before, but that didn't deter buyers in the month of December.

Mortgage rates fell to their lowest level in three months, possibly because investors became nervous following the spread of a coronavirus in China and elsewhere.

Provident Bank in Amesbury, Mass., has entered warehouse lending after buying a business from People’s United Financial in Bridgeport, Conn.