Origination

Here's a look at 12 cities where median home prices are under $200,000 and the combination of local wages and interest rates offer buyers the most purchasing power.

The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina.

Many American cities continue to grapple with depressed home values in neighborhoods that were subject to "redlining," a discriminatory lending policy, 50 years after it was outlawed. But that's not the case in Denver.

There is a minimal risk of another housing bubble developing in Southern California, even as there is just a slim chance area home prices will fall in the next two years.

A gauge of signed contracts to purchase previously-owned homes rose less than forecast in March while the prior month's reading was revised down, indicating a lack of inventory is restraining the market

Since taking office in November of last year, acting Consumer Financial Protection Bureau Director Mick Mulvaney's actions have sparked outrage from his critics seemingly at every turn, including several times just last week.

While mortgage application defect risk declined overall in March, at the local level it varied considerably, according to First American Financial Corp.'s Loan Application Defect Index.

The corner of Ninth and East Passyunk Avenue in South Philadelphia is no stranger to crowds. A developer's proposal to build three rowhouses and 21 apartments atop 5,300 square feet of new commercial space just steps from the busy intersection could only make it worse.

Plans for a West Palm Beach, Fla. development with micro-condominiums, affordable apartments, offices, a grocery and a park, have collapsed over city commissioner concerns the developer couldn't make it happen.

Ellie Mae's first-quarter net income of a little over $2 million was lower than last year's due to some one-time expenses, but continuing operations numbers exceeded analysts' expectations.