Origination

Simultaneous spikes in home prices and mortgage rates have put an unusual squeeze on borrowers' purchasing power and require lenders to be proactive about protecting their loan pipelines.

Guaranteed Rate is planning to hire 280 new employees through its revamped Liftoff training program.

Mortgage application activity increased by 5.8% during the week of Feb. 24.

The number of consumers looking to buy a home reached an all-time high in January.

The bank says it will push the rest of the industry to follow its lead and step up lobbying for policies that increase minority homeownership.

Home prices rose by more on a monthly basis in New York than in any other state in the country

Contracts to buy previously owned homes declined in January due to higher rates and prices

Home prices in 20 cities rose at the fastest pace in the 12 month period through December

A consumer's home purchase power declined in December as a result of higher interest rates.

The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.