Origination

Fannie Mae and Freddie Mac’s exemption from the Qualified Mortgage rule is on borrowed time, but a House bill would allow lenders to use the mortgage giants’ guidelines for documenting borrower income.

Spokane County, Wash., home sales spiked in October, marking the second month in a row for year-over-year sales increases since 2018.

The sponsors of the Class A structure, deemed a “trophy asset” by Kroll Bond Rating Agency, are placing $825 million of a $1.2 billion whole loan into a transaction dubbed CPTS 2019-CPT.

The dollar volume of mortgages guaranteed by the Department of Veterans Affairs rose nearly 9% in the past fiscal year as interest-rate reduction refinancing loans surged nearly 75%.

Tom Marano, a former Bear Stearns banker, was apparently well compensated following the housing crisis for heading up ResCap and Ditech, both of which went into bankruptcy.

Columbus was the nation's third-hottest housing market in October, but this time Columbus shared the spotlight with other Ohio cities.

A developer who swindled almost $400,000 from six families who sought new homes in Kirkwood, Mo., was sentenced to 12 months in prison.

Home sales in San Diego County jumped 14.7% in September from the same time last year, which analysts largely attribute to a drop in mortgage rates.

How's this for a flashback to 2017? Seattle home prices rose faster in October than they have for a year.

Impac Mortgage Holdings generated $1.4 million in net income during the third quarter in earnings that were favorable compared to a string of losses in the past year.