Origination

Toronto-area land prices have gotten so high that developers are struggling to build new homes that people can afford.

The three major hurricanes that caused so much devastation during August and September was largely responsible for the third-quarter increase in mortgage delinquencies.

Long Island real estate prices climbed last month, as buyers got into bidding wars over a dwindling supply of homes.

Mortgage industry hiring and new job appointments for the week ending Nov. 17.

Closing mortgages more quickly could introduce efficiencies but it also could introduce fraud risks if done without strong identity verification procedures in place, LexisNexis Risk Solutions finds.

Over half of mortgage industry executives anticipate first-time home buyer growth in 2018, estimating that market will grow at a faster pace than the overall housing market, according to Genworth Financial.

New-home construction rebounded in October to the fastest pace in a year, partly reflecting recovery efforts in the hurricane-stricken South.

A new Republican director of the Consumer Financial Protection Bureau is likely to take immediate action to change certain rules, including the "qualified mortgage" and payday rules, while curbing pending enforcement actions that are considered too harsh on financial firms.

The FHFA is allowing Fannie Mae and Freddie Mac to invest in the credits for the first time since they entered conservatorship. Its purpose is to promote affordable housing in underserved markets.

Housing inventory nationwide has declined for more than two years. But in a small number of markets, the number of homes for sale is growing.