Origination

Movement Mortgage purchased the two branches that comprise Huntsville, Ala.-based Platinum Mortgage's retail business just weeks after the latter company sold its wholesale division.

People don't move like they used to.

Mortgage industry hiring and new job appointments for the week ending May 3.

Median home sale prices in the Bay Area dipped ever-so-slightly in March, marking the end of a record-breaking seven-year streak as even high salaries and low-interest rates failed to entice buyers into the country's most expensive market.

The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.

Freddie Mac is now offering to buy a new form of manufactured housing loan with terms similar to that of conventional mortgages from all eligible lenders, following a test run last year.

Buyers looking for higher-end homes in pricier cities like Seattle and Bellevue aren't paying any more than they did a year ago. Meanwhile, those shopping around for something resembling a deal, perhaps in Tacoma or Everett, are still confronted with the same old hot market from years past.

Mortgage rates dipped after four weeks of increases, finally mirroring the drop in the benchmark 10-year Treasury yield, according to Freddie Mac.

New Orleans remains well short of hitting its affordable housing creation goals, six months after ending the worst year for affordable housing creation since officials agreed to set goals of creating 1,500 affordable units annually in 2015.

Having a cash-out refinance program is important to greater share of originators in the West than it is in the United States as a whole, the Top Producers 2019 survey found.