Origination

Former Lend America executive Michael Ashley was sentenced to three years in prison for his actions that led to the implosion of the once-high-flying Melville, N.Y.-based mortgage lender.

After three weeks of holding fairly steady, average mortgage rates ticked up this week, ironically due to investor optimism that the Federal Open Market Committee will cut short-term rates, according to Freddie Mac.

Quicken Loans Inc.'s biggest quarter to date means more jobs in Detroit.

The pace of home sales in metro Atlanta was down dramatically last month compared to the same period last year, according to reports released this week.

The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale.

An expanding gap between sharp home price appreciation and relatively feeble income growth dating back to 1960 brewed America's affordability crisis, according to Clever Real Estate.

An important traditional tool of monetary policy has been diminished and may even become counterproductive in the future.

The second quarter continues to shape up as a good one for bank mortgage lenders — and one ancillary service provider — that are benefiting from a spike in volume.

The onset of summer typically comes with the largest volume of home sales, however exorbitant prices kept potential buyers at bay, according to Remax.

Foreign purchases of U.S. residential real estate fell 36% to the lowest annual rate since 2013, as slowing overseas economies, the strong dollar and the White House's anti-immigrant rhetoric put a chill on demand.