Origination

Angel Oak Commercial Lending has acquired a controlling interest in lender Cherrywood Mortgage in order to strengthen its focus on small-balance commercial lending.

Despite the Bay Area's natural beauty and booming job market, nearly half of its residents now want to get out, citing a creeping disillusionment with the high cost of housing.

At least 38 projects totaling 3,337 units were proposed in Massachusetts in 2017, which is far more than the five projects totaling 391 units proposed in 2010, the basement of the Great Recession.

Black Knight has acquired HeavyWater, a developer of artificial intelligence and machine learning technology for the mortgage industry, and plans to incorporate the startup's borrower data verification and other automation capabilities into its existing product suite.

Anticipated changes to the qualified mortgage rule will give lenders more options and force them to rethink their views on risk.

Home prices rose again in April for most of the Sacramento region's neighborhoods.

The heart of the nation's tech sector, the astronomically expensive Santa Clara County, Calif., leads the state in residents looking to move out of town, a new report found.

Freedom Mortgage is being punished by a government-owned mortgage guarantor amid concerns that the Mount Laurel, N.J.-based company is helping to enable unnecessary refinances of veterans' loans.

Commercial mortgage bonds are getting stuffed with the lowest-quality loans since the financial crisis by one measure, according to Moody's Investors Service.

While all cities show signs of healthy mortgage competition nationwide, some areas have higher concentrations of lender activity but also face varying degrees of competitiveness based on loan type, according to LendingTree.