Origination

With the elderly population rapidly expanding as baby boomers enter retirement age, a task force from the Bipartisan Policy Center is calling on the federal government to spur renewed investment in affordable housing for seniors.

Paramount Group is closing a real estate debt fund that has $775 million in commitments.

Lenders that sell both forward and reverse mortgages must carefully consider how their products are offered to older borrowers to avoid confusion that could lead to accusations of financial abuse.

Only 14% of retirees have even considered a reverse mortgage, and only one person out of 1,000 polled actually entered into one, according to the American College of Financial Services.

Here's a look at the 10 markets with a population of more than 500,000 that had the largest growth in home sales activity on a per capita basis during the first quarter, based on data from RealtyTrac.

Ninety-two percent of homebuyers are reviewing their mortgage documents before closing on the loan since the Truth-in-Lending Act/Real Estate Settlement Procedures Act integrated disclosures, or TRID, went into effect in October, versus 74% previously, a survey by the American Land Title Association found.

Ares Capital, the publicly traded lender managed by alternative-investment firm Ares Management, will acquire American Capital Ltd. in a deal valued at $3.4 billion.

Home sales growth has been tepid nationwide thanks largely to a cooling down of the housing market in the West, according to an analysis from Summit Valuations.

New York luxury-condo builder Extell Development Co. says it’s taking longer than expected to obtain construction financing for its One Manhattan Square project as lenders pull back from the market.

Listings for new homes fell 1.1% in April, the first year-over-year drop since August 2014, according to the real estate brokerage Redfin.