Origination

A decline in the number of interest-only loan products available in the marketplace has contributed to the first drop in four months in the Mortgage Credit Availability Index.

The new FHA reverse mortgage rules will lead to more originations of variable-rate home equity conversion mortgages because of the restrictions on the first draw.

Higher home prices that are currently soaring in many parts of Florida have increased affordable housing demand pressing developers to take advantage of available resources.

With apologies to Don McLean, the day the subprime died.

We're hearing well-to-do jumbo borrowers are securing better mortgage rates than the average Joe getting a conventional loan from a Fannie Mae or Freddie Mac lender.

Iberiabank said that it will acquire six branches from Synovus, along with $131 million in loans and $205 million in deposits.

Between June 2012 and August 2013, the number of counties committing to e-recording increased by more than 25%.

Mortgage lender Quicken Loans is “betting big” on the city by entering into a multiyear partnership with the Detroit Lions football team.

The tight inventories of new and existing homes are easing and should be more balanced a year from now.