Origination

Mortgage professional hiring and new job appointments for the week ending Feb. 12.

Atlantic City, N.J., has the fifth worst vacancy rate in the U.S, according to RealtyTrac.

The Federal Housing Administration will continue to charge borrowers an annual premium over the entire life of the loan, rejecting calls from some housing advocates to change how it’s calculated.

Ellie Mae earned $22.6 million as it recorded record revenue and the number of Encompass users grew by 25%.

The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.

Fifth Third Bancorp in Cincinnati said Thursday that it will spend $27.5 billion over the next five years to provide loans and other financial services to underserved communities in its region.

Mortgage applications for new home purchases increased 14% on an unadjusted basis from the month before, according to data from the Mortgage Bankers Association's Builder Application Survey.

Bank of Botetourt in Buchanan, Va., said Thursday it has opened a mortgage division to pursue unmet demand for home loans in southwestern Virginia.

Mortgage rates fell for the sixth straight week as market volatility continued, according to the Freddie Mac Primary Mortgage Market Survey.

The financial crisis turned a lot of Americans into renters, because they couldn’t keep paying their mortgage, or because high unemployment and stagnant wages in the ensuing years forced them to put off homeownership.