Origination

It was surprising to find, looking at the 2010 Home Mortgage Disclosure Act data, that $1 trillion in mortgage applications went unfunded that year. That's nearly 40% of a total of $2.6 trillion in apps.

Americans who are able to buy homes are putting down payments of more than 12% on average, a survey from mortgage lead generator LendingTree LLC found this month.

If you want to be seen as a great communicator my Grammar Granny wants to know "Are You a Comma?"

Holiday retail sales gave the NACM's Credit Managers' Index a boost to a high not seen since May, but it remained below year-ago levels as many companies, including some in the mortgage space, are still in distress.

Numerous tax provisions including the mortgage insurance tax deduction will expire Jan. 1 because Congress did not pass its annual tax extension bill before the lawmakers left town Dec. 23.

The highest average residential home loan amount is given to homeowners who live in Hawaii, according to data from LendingTree.

Average weekly fixed rates for mortgages inched up a bit but still are ending the year near their all-time historic lows, according to Freddie Mac.

Fitch said Thursday it sees little risk of a negative rating impact on CMBS from the closure of 100 to 120 unspecified Sears and Kmart stores across the U.S., but noted there is some exposure in the commercial mortgage-backed securities universe to the concern.

Consumers are having a tough time qualifying for a mortgage these days, and even a federal program designed to provide financing for low- and moderate-income borrowers is winnowing out applicants with low credit scores.

The fourth of 20 high-rise condominiums planned for the tri-county South Florida market is now in the ground.