Origination

Median investment home prices are rising thanks to all-cash sales, according to a report from the online real estate investment management firm HomeUnion.

FHFA Director Mel Watt also reiterated concerns regarding insurance companies and large bank members, saying that some Home Loan Banks have large exposures to a few individual members.

Home values rose 5% from a year earlier to a median of $187,000 in April, Zillow said Tuesday. That’s well above the 2% increase in home values the Seattle data company had predicted.

Home prices rose 2.1% from a year earlier in March when taking into account consumers’ buying power, less than half as much as the raw number, First American Financial Corp. said.

A Florida investment advisor says he has devised a path to homeownership for high-earning young professionals saddled with student loans: refinance them into 100% loan-to-value mortgages, placed in his firm's portfolio.

Increased mortgage borrowing was behind a 1.1% rise in U.S. household debt in the first quarter, with slowdowns in other areas such as credit-card balances and auto loans, according to the Federal Reserve Bank of New York

Toll Brothers Inc., the biggest U.S. luxury-home builder, reported fiscal second-quarter earnings that beat expectations, signaling that the market for costly homes is holding up.

Purchases of new homes in the U.S. surged in April to the highest level since the start of 2008, pointing to a robust spring selling season for builders.

Staying on top of credit underwriting rules is essential for Rosalie Rains of Capital Financial Advisors, and when things get slow she can always turn to the two-color flier she made when she first started originating loans.

The Federal Savings Bank in Chicago has partnered with CondoGrade, a local data company, to provide prospective buyers and sellers of condominiums with information about condo associations.