Origination

Cities in Texas and Washington in had the strongest housing markets in September, according to Pro Teck Valuation Services.

A significant number of millennials aspire to become homeowners within the next five years, according to a recent survey, despite income and student debt burdens.

Compliance costs are a wild card that is hurting profits.

Mortgage applications soared last week as a plunge in borrowing costs led to biggest gain in home refinancing since January 2012.

Although refinancings will be down 3% from 2014, this is still $50 billion more than MBA had anticipated.

The recent drop in interest rates has opened the door for lenders to refinance borrowers with high-cost Federal Housing Administration loans into conventional Fannie Mae and Freddie Mac loans.

While Fannie Mae and Freddie Mac wait for Congress to decide when and how to act on housing industry legislation, the government-sponsored enterprises are working with their regulator on "nonlegislative GSE reform" that will better prepare them to implement new laws.

Recently released HMDA data strongly suggest that the reason minority homeownership rates are falling since the beginning of the recession isn't because minorities are opting out of the mortgage process, but because they're being excluded.

A two-year growth streak in national home prices stalled in the second quarter, according to Fitch Ratings.

Lenders increasingly find themselves responsible for protecting clients’ money and non-public personal information as those funds and data pass through several vendors that are part of the mortgage process.