Origination

New-home sales fell unexpectedly in July for the second month as the housing recovery makes only fitful progress.

The cost of housing increased in most major metropolitan areas during July, according to a report from the real estate firm Zillow.

AMC Lending Group's Logan Mohtashami has found social media success by avoiding overt sales pitches and instead providing a unique take on the market that's translated into active engagement online and a nice bump in new business.

Lower volume and improved processes are being credited for making mortgage lenders more efficient at getting loans through the origination process.

Jumbo lending isn't just on the upswing for traditional home loans. It's also being revived for seniors who want to borrow against the equity in their houses through reverse mortgages.

The Consumer Financial Protection Bureau has chosen a dozen firms involved in the mortgage industry for a pilot program looking at whether electronic fillings can improve the mortgage closing process.

Bank of America must pay a record amount for mortgage-related claims, but the accord still leaves questions about tax liability and other banks in the government's crosshairs.

Brian Moynihan has been in charge of Bank of America for nearly five years, and he has spent most of that time in lawyer mode, overseeing settlements worth $48 billion. He is generally praised for taking the bank to this point, but now comes the hard part: getting B of A to grow again.

Federal Housing Administration Commissioner Carol Galante signaled more affordable FHA financing could be coming as the agency’s insurance fund improves.

Not only do staffers need to communicate with their customers better, they need to communicate with each other better as well.