Origination

Oahu's housing market posted modest median price gains in July but fell a little shy of setting any records.

Gateway Mortgage's owners are acquiring the majority interest in Farmers Exchange Bank and will merge the lender into the Cherokee, Okla.-based depository.

Quicken Loans subsidiary One Reverse Mortgage is rolling out a private-label alternative to the Federal Housing Administration's Home Equity Conversion Mortgage that offers higher loan limits and more flexible underwriting terms.

Home price appreciation is preventing consumers from entering the housing market, forcing an accelerated number of potential homeowners to rent.

Redwood Trust's net income was down 30% from the prior quarter as mortgage banking activities earnings fell by 60%.

Mortgage applications declined for the fourth consecutive week as interest rates remained at high levels.

Dallas-area home prices are up by less than the national average in another new housing report.

The average sales price for an existing single-family home in Southern Nevada in July was $290,000, an 11% increase from $260,000 in July 2017.

Xome, a company Washington Mutual successor WMIH Corp. obtained when it bought Nationstar, has appointed a new CEO who previously was part of Genesis Capital's C suite.

Mortgage credit accessibility kept climbing in July, mostly thanks to an expansion of jumbo loan products offered, pushing that index to its historical high point, according to the Mortgage Bankers Association.