Origination

In his decision Thursday, U.S. District Judge Paul Gardephe said the lawsuit brought by the Lower East Side People's Federal Credit Union lacked standing.

A December hiring spike at nondepository mortgage originators ended a three-month skid and solidified the fourth straight year of job gains in the sector. But with loan volume projected to decline again in 2018, it remains to be seen whether nonbanks will add more workers or start making cuts.

Problems with the IRS-managed Income Verification Express System, or IVES, have stoked concerns about delayed mortgage closings when volume picks up this spring.

The top five Freddie Mac multifamily lenders remained stable year-to-year, in contrast to the shakeup in competitor Fannie Mae's rankings.

Officials with the Realtors Association of New Mexico said 2017 was another record setting year for the state's housing market.

Baton Rouge, La., area home sales jumped 3.7% in 2017, despite tough comparisons with the sales boost caused by the August 2016 floods.

Mortgage industry hiring and new job appointments for the week ending Feb. 2.

The Trepp CMBS Delinquency Rate for U.S. commercial real estate loans in CMBS is now 4.83%, a decrease of six basis points from the December level.

More bad news for people house-hunting in the Bay Area: Of the 10 hottest neighborhoods in the country this year, nine are in the San Jose metro area.

Mortgage rates, which are significantly higher since the start of the year, are likely to rise for weeks to come, according to Freddie Mac.