Origination

Confidence surveys suggest consumer borrowing might be stabilizing as the economy shows signs of recovery, but it remains unlikely to increase in the short run, according to a Moody's conference call on the outlook for consumer finance.

The difference between a sales technique being effective, and sounding cheesy is sometimes like the old real estate adage: location, location, location.

The Treasury Department this week unveiled a new joint task force to fight mortgage scams aimed at struggling homeowners seeking payment relief under the government’s Home Affordable Modification Program.

Over the past week or so Bank of America began telling a select group of its warehouse lending clients that their lines would terminate within 30 to 90 days.

Looking for some decent housing news for a change? Try this: A major land developer with 22 master planned communities in 14 states has already equaled last year's sales.

Although some 4,700 units remain unsold from the last condo boom in South Florida, developers are now proposing to build 20 more towers in the tri-county area of Miami-Dade, Broward and Palm Beach.

Mortgage companies ramped up hiring in October, adding 1,500 full-time employees to their payrolls, according to government figures released Friday morning.

The average 30-year fixed mortgage rate tracked by Freddie Mac during the week ending Dec. 1 came in 2 basis points higher at 4%, but still left the average for the past month below 4%.

PHH Corp., Mt. Laurel, N.J., plans to sell $250 million of unsecured debt, using the proceeds to pay off an equal amount of debt that comes due next April.

The Federal Housing Administration endorsed $15.7 billion of single-family loans in October, a 3% decline from the previous month, according to new figures released Thursday morning.