Origination

Mortgage rates ended the week little changed from the previous seven-day period and near historic lows for the year, according to Freddie Mac.

A trade group is looking into why New York Gov. Andrew Cuomo felt foreclosure risks were too high to sign a bill that would have approved reverse mortgages for cooperative properties.

Mortgage applications decreased 5.3% on a seasonally adjusted basis from one week earlier led by a decline in conventional refinance loan demand, according to the Mortgage Bankers Association.

In 2009, there was hardly a block in the Tampa Bay area that didn't have at least one house in foreclosure.

Freddie Mac reduced its origination forecast for 2020 to under $2 trillion, now projecting $184 billion less in refinance volume compared with its November outlook.

Now is not the time for the government to cut Federal Housing Administration premiums and enter new segments of the housing market.

The Consumer Financial Protection Bureau faces a busy policy agenda heading into the new year, as well as strong external forces that are beyond its control.

The board- and management-level handing of CRE concentration was the chief concern of FDIC examiners, making up more than 56% of all the supervisory recommendations regulators made in the two-year period.

The Bay Area home market remained sluggish in November, as buyers searched for cheaper homes and sales slowed entering the holiday season.

Houston secured the top spot in the new-home sales market in Texas as builders sold 1,481 new homes in the area in November.