Origination

The number of workers employed by nonbank mortgage lenders and brokers reversed course and inched lower in July as affordability constraints and limited income gains reduced demand.

Consumer confidence about the U.S. economy is not correlating with their views on the current state of the housing market, Fannie Mae said.

Home sales and the median price of homes mostly rose on the Big Island and Kauai in August, according to local real estate agent trade association data.

The number of homes on the market surged, the number of sales dropped, and price reductions were abundant last month, all signs that buyers are pulling back in metro Denver.

Mortgage industry hiring and new job appointments for the week ending Sept. 7.

The GSE recently transferred $166 million portion of risk on $11.1 billion of loans via contracts with seven reinsurers and insurers; it plans to come to market two or three time a year going forward.

Toronto's housing market kept its footing August as sales gained while prices were little changed, continuing to stabilize after a turbulent year.

The typical homeowner spends 17.5% of their income on monthly mortgage payments, according to Zillow's second quarter affordability report.

Mortgage rates inched higher for the second straight week and further increases are likely in the near term, according to Freddie Mac.

More flip-and-fix property buyers seek financing for their purchases as fewer distressed homes come on the market and sales margins narrow, said Attom Data Solutions.