Origination

Mortgage rates for 30-year loans rose for the first time in four weeks, increasing borrowing costs as job creation bolsters the housing recovery.

Julian Castro, who was confirmed as the new secretary for housing and urban development, is bound to face continued industry lobbying to lower premiums paid to the Federal Housing Administration.

New York banks have been worried that Mayor Bill de Blasio's plans for affordable housing would hurt multifamily lending. But two recent city political decisions have been favorable for banks, and some CEOs say they're hopeful now.

Lack of funding confidence is why many longtime mortgage professionals are jumping ship and hitching their wagons onto new companies.

Mortgage applications rose last week led by an uptick in purchases even as 30-year interest rates climbed.

Retail mortgage lender Guaranteed Rate will purchase the assets of FirsTrust Mortgage in Overland Park, Kan.

Now that buyers and sellers have a sense of what it's like to operate in the new interest rate environment, the two sides are more likely to agree on price.

National mortgage banker GMH Mortgage Services is opening a wholesale lending division.

Redwood Trust is coming back to the market with its second residential mortgage-backed security of 2014, according to a presale report from Kroll Bond Ratings Agency.

A nonprofit housing group has found an ambitious middle ground between those who oppose any change to the mortgage interest deduction untouched and those who say it must go.