Origination

Mortgage industry hiring and new job appointments for the week ending Aug. 30.

From consumers straying from certain cities to regulations dictating how homes are built, here’s a look at how climate change is shaping the housing market.

The second half of 2019 is a prudent time to examine the CRE market in the context of an inevitable slowdown, taking into account how the current landscape is impacting lending practices.

About 80% of Opportunity Zones had median home prices below the national mark of $266,000 in the second quarter, with 47% of them below $150,000, according to Attom Data Solutions.

Kristy Kim was an immigrant success story with a degree from Berkeley and a lucrative job — except her lack of credit history precluded her from getting a car loan. She started TomoCredit to help the many young folks who struggle to qualify for a credit card.

Independent mortgage bankers reported their highest average profit per loan originated in almost three years, benefiting from a large drop in production expenses, the Mortgage Bankers Association said.

Mortgage debt climbed to a new peak of $9.4 trillion in the second quarter and the distribution across the U.S. varies greatly.

Mortgage rates remained near three-year lows last week, but their movement did not mirror the period's big shifts in the 10-year Treasury yield.

Bankrupt mortgage servicer Ditech Holding Corp. saw its reorganization plan rejected on Wednesday after a federal judge ruled the company couldn't sell its mortgage-servicing rights and reverse-mortgage business free and clear of consumer claims.

Single-family home prices in Colorado Springs rose by 8.2% from the second quarter of last year to the second quarter of 2019, which ranked as the fifth highest appreciation rate among the nation's 100 largest metro areas.