Origination

Since seller-funded down payment assistance is no longer available, social media sources might be an alternative.

Homes.com said 22 of the nation’s top 100 markets have now seen prices rebound over 100% in July, up from 19 in June.

Investors are worried about when the Federal Reserve will start to taper and the fight in Congress over the debt ceiling.

CitiMortgage is cutting approximately 1,000 positions, mostly in originations and mortgage default functions in its Las Vegas and Irving, Texas, offices.

Pending home sales in California continued to take a hit in August because of rising interest rates, although distressed home sales fell to lows not seen in nearly six years.

BSI Financial Services received an initial residential mortgage servicing outlook from Fitch Ratings as stable, which is a positive step for the company moving forward.

A pickup in issuance of commercial mortgage-backed securities has yet to affect pricing, according to analysts at JPMorgan.

Barclays’ latest regional housing update report singles out Meritage as the builder with the “most attractive” metropolitan statistical area exposure among homebuilders.

The properties had been originally funded through the USDA Rural Development Section 515 program.

Many cities across the country have seen home prices continue to climb basically every month over the last couple of years, and August was no exception to this trend.