Origination

From automated applications that borrowers can complete on their own, to data-mapping that speeds up the underwriting process, here's a look at strategies that can help lenders close loans faster.

A decade after the summer of '07, when Orlando real estate began a years-long crash, median home prices have not returned to their high but continued to rise incrementally.

Wage gains have fallen far behind skyrocketing costs for housing, a gap that's emerged despite a robust job market in recent years, according to an unsettling report released Monday.

The Georgia company made more loans and controlled costs. As a result, it had a 1% return on assets and an efficiency ratio below 60%.

Nearly 10% of Walter Investment Management Corp.'s employees will lose their jobs after it closes Ditech's Irving, Texas, office, a notice filed with the Texas Workforce Commission said.

The Department of Housing and Urban Development is implementing reforms to its reverse mortgage program and providing more counseling resources for seniors who are considering the product, Secretary Ben Carson said Monday.

Walter Investment Management Corp.'s share price has fallen below a threshold required by the New York Stock Exchange, but the exchange will give the company time to rectify the situation.

Total bonuses paid to assistants, processors, closers and managers have been rising as lender retention and merger activity have heated up.

Loan application activity for the purchase of newly constructed homes decreased 4% in June from the previous month, according to the Mortgage Bankers Association.

Canadian home sales fell 6.7% in June from the previous month, led by a 15.1% decline in transactions in the once-surging market of Toronto.