Origination

Collaboration will allow buyers to tap state assistance for down payment, closing costs.

The groups and industry trade associations want the Treasury Department and the FHFA to allow Fannie Mae and Freddie Mac to build up capital reserves.

With refinance volume shrinking, some lenders are making up the difference by turning to alternative loan products for borrowers with lower credit scores.

Implementation of the second phase of the common securitization platform had been projected for next year, but the anticipated time frame was delayed following "lessons learned" from the first phase.

Detroit was once known as a city where a working-class family could afford to own a home. Now it's a city of renters.

Freddie Mac will soon allow automated underwriting of borrowers who lack scores but have other financial records.

South Florida's housing market may not be as frenzied as it was a few years ago, but the February figures from local Realtor boards show that sellers are still winning the price fight.

The 30-year fixed-rate mortgage averaged 4.23% for the week ending March 23, down from last week when it averaged 4.3%.

After a powerful surge in home and condo prices in Chicago during January, growth settled down in February and is expected to keep a moderate pace through the spring selling season.

Purchases of new homes increased in February to a seven-month high, indicating the effects of the recent rise in borrowing costs on the residential real estate market have been modest.