Origination

The Fix-It Award recognizes technology that provides an effective and permanent solution to a specific industry problem, need or channel. Learn about this year's finalists and see who won the 2014 MT Award.

Mortgage rates near record lows, an improving job market and gradually easing credit standards will converge to make it the best year for home construction since 2007, say economists.

Home prices rose more than economists estimated in November, a sign job growth is helping to boost housing demand.

Freedom Mortgage will hire 500 additional employees to accommodate an anticipated increase in Federal Housing Administration refinance and purchase transactions.

Earnings at Discover Financial Services plunged by 33% in the fourth quarter, largely due to a charge tied to the firm's mortgage business and a previously announced revision to its flagship credit card program.

Hearing arguments in Texas case, Justice Scalia and others were skeptical that the controversial legal theory used in fair housing cases should be invalidated.

Five Star Bank is the latest financial institution to settle claims that it avoided lending to minorities. More redlining cases can be expected, industry experts say.

The pension fund sector owns hundreds of billions of dollars of mortgage securities. But MBS holdings are such a small percentage of their portfolios, pensions may not be aware of their heft in the industry.

Julian Castro, secretary of housing and urban development, said 2015 will be a year of "housing opportunity" as the economy continues its rebound.

Yields on government-backed mortgage securities that guide U.S. home-loan rates widened to the most relative to Treasuries in almost three months as refinancing soars amid lower borrowing costs.