Origination

The Senate on Thursday confirmed Pam Patenaude to be the deputy secretary at the Department of Housing and Urban Development.

Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms.

Stranded without power in the wake of Hurricane Irma, thousands of South Florida seniors have found themselves trapped without access to elevators, air conditioning, telephones and even medical devices.

The supply of homes for sale continued to shrink, but the median time to sell a home was slightly longer in August compared with the previous month, according to Redfin.

Mortgage rates remained unchanged from last week's year-to-date low but going forward they are likely to increase as 10-year Treasury yields rose.

Lennar Corp. anticipates that hurricane-related damage will delay its new-home deliveries temporarily, adding to home-inventory challenges in the mortgage market in the short-term.

Fed economists are suggesting a new mortgage product that would allow home buyers to build equity faster and give banks incentive to profitably hold the loans in portfolio.

The changes are aimed at aligning requirements with a new Consumer Financial Protection Bureau rule under the Home Mortgage Disclosure Act.

The U.S. subsidiary of Japanese-owned Orix Corp. is adding another housing finance firm in the commercial and multifamily space to its stable of companies with its purchase of Lancaster Pollard.

A decade after the financial crisis and housing collapse, more consumers seem in the mood to buy a new home before they sell their existing home.