Origination

Mortgage rates rose slightly with a stronger-than-expected jobs report starting the week and the Federal Open Market Committee decision to hold the line on short-term rates ending it, according to Freddie Mac.

Mortgage application activity increased 3.8% from one week earlier, with refinance volume for Federal Housing Administration-insured loans taking the spotlight, the Mortgage Bankers Association said.

Florida-based depository Capital City Bank has struck a deal to purchase a 51% share in regional lender BrandMortgage.

Hometap, a fintech company providing an alternative to traditional home equity lending, secured $100 million in new financing as it looks to expand its geographic reach.

President Trump lets his thoughts be known through Twitter and those tweets can have a direct impact on the economy and interest rates, according to Clever Real Estate.

Mortgage lenders are increasingly introducing new loan programs outside of typical underwriting parameters in line with indicators suggesting that the availability of credit in the housing finance market is growing.

The prequalification letter is a great way to move borrowers from casual tire kickers to committed applicants, but advances in digital verification will soon make it obsolete.

The housing market is likely changing to predominantly repeat purchasers, even as growth in the first-timer buyer segment continued in the third quarter, a study from Genworth found.

General Motors is providing $40 million in seller financing to the purchaser of its Lordstown, Ohio assembly plant.

The share of Department of Veterans Affairs-guaranteed loans in Ginnie Mae mortgage-backed securities issuance rose to 42% in the most recent fiscal year from almost 39%, and could continue to rise.