Origination

Weaker-than-expected economic data led to a decline in mortgage rates this week, although consumer attitudes remain strong, and should continue to drive increased home purchase demand, according to Freddie Mac.

The Department of Veterans Affairs distributed more than $400 million in refunded home loan fees after finding exempt borrowers were mistakenly charged due to clerical errors related to their disability status.

Houston-area home sales increased nearly 10% in September from a year ago as buyers closed on 7,035 single-family homes, the bulk of which sold for between $150,000 and $500,000.

The median sales price for a single-family home in Cuyahoga County was $127,000 last month, up 3% from September a year ago, but down from the higher summer prices.

One million dollar tear-downs. Bidding wars. House hunts that last for years. Life in the Bay Area real estate market has long been harsh for buyers.

The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.

As the climate crisis worsens, more Americans will be forced from their homes. Many won't be able to afford it, and the U.S. isn't prepared for a massive, government-subsidized migration away from flood-prone areas.

Altisource Portfolio Solutions is adding its online "for sale by owner" real estate platform to the list of noncore businesses it is shutting.

U.K. house prices are growing at the slowest rate in more than six years, according to mortgage lender Halifax.

Mortgage applications jumped 5.2% from one week earlier as a drop in rates caused another surge in refinances, according to the Mortgage Bankers Association.