Origination

As the real estate market rebounds in the Grand Canyon State's capital, one credit union here reports that a new mortgage program is attracting significant new lending business.

Home sales in January were lower than a year earlier due to tight inventory and higher home prices, according to Re/Max.

To take advantage of changing customer demographics and preferences, lenders must capitalize on digital technology. At the same time, digital technology should work in conjunction with, not as a replacement for, the loan officer.

As a deep freeze grips parts of America in a typically slow season for housing, first-time buyers are flocking to Redfin Corp.'s property tours and classes, signaling their renewed interest in the market.

The housing boom rolling across central Philadelphia showed no signs of weakening last year, but a population exodus could be on the near horizon if little is done to fix the city's schools and tax structure.

Rent prices continue to surge like a red tide in the Tampa Bay area — something few welcome.

Donald Klepper-Smith, chief economist and director of research for New Haven, Conn.-based DataCore Partners, cautioned against reading too much into the decline in home sales when comparing 2014 to 2013.

Builders broke ground on fewer residential construction projects in January as demand for single-family homes cooled from an almost seven-year high, signaling the rebound in housing remains uneven.

Mortgage loan application volume dropped sharply for the period ending Feb. 13 as mortgage rates rose to their highest level since the beginning of the year.

Chicago's Federal Home Loan Bank has given Forward Community Investments, a Wisconsin nonprofit, a loan to support the organization's community development endeavors.