Origination

Premiums written increased 45%, while net operating income was up over 65%, the American Land Title Association said.

While purchasing power grew for the 16th straight month in April, surging property values and increased mortgage rate forecasts will keep driving down affordability, according to First American.

The lack of homes for sale is supporting the record values, unlike what happened in the mid-2000s, analysts say.

Fears of a permanent exodus from office life may have been premature, according to a study that finds a majority of businesses plan changes, but no significant downsizing of space.

Also: Critical defects in mortgage files reach highest level in years, interest rates tick up

Even though volumes are expected to taper from 2020’s record highs, lenders plan to take on more employees in 2021, according to the Mortgage Bankers Association and McLagan Data.

The Supreme Court decision cleared the way for further revisions to the agreements between the Federal Housing Finance Agency and the Treasury, which could include dismissing the January changes.

The owner of former Sears stores is looking to sell as many as 50 properties as it tries to generate cash and focus on the development of other sites it owns.

Gordon is currently president of the National Community Stabilization Trust, a nonprofit organization that promotes neighborhood revitalization and housing affordability.

A Realtor.com survey of consumers aged 18 to 25 found that 45% share are already saving for a home.