Origination

With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.

While the critical defect rate for closed mortgage loans fell on a quarter-to-quarter basis, there were increases in income and packaging-related deficiencies, an Aces Risk Management study found.

If warning signs of a possible U.S. recession are currently flashing, Valeria Kremser doesn't see them in the Philadelphia housing market.

Reverse mortgages are surging in Canada as more older people join the country's debt bandwagon.

For the third time this year, the monthly median sale price for single-family homes hit a new high for Maui County.

Offerpad claims its upcoming program can help homebuyers move into a house within 24 hours of finding it, while the industry average move-in and closing time sits at 43 days.

A mere 7-basis-point increase in interest rates reduced what was a record-high number of borrowers with refinancing incentive by 2 million in a matter of days, according to Black Knight.

California Attorney General Xavier Becerra filed a brief Thursday in support of Oakland's lawsuit against Wells Fargo, alleging that the bank illegally discriminated against minority borrowers.

The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.

Colorado Springs' four-month streak of record-setting home prices was snapped in August, but local buyers still are paying more for housing than last year, a new Pikes Peak Association of Realtors report shows.