Origination

Existing home sales edged up in August in the Golden State compared to July, but they were still down significantly from August last year, according to the California Association of Realtors.

Upcoming U.S. rules on how originator compensation has to be structured and recent changes to overtime rules could affect some production industry professionals’ career paths, but it isn’t or won’t be as bad as many fear, according to one expert.

A coming hike in Federal Housing Administration insurance premiums is expected to give private mortgage insurers a chance to regain market share from the government.

What’s all the fuss about in appraising new condominium developments? What are Fannie Mae’s specific rules regarding condominium developments? Do appraisers need to be proactive when they are tasked with appraising a new condominium?

Executives with some of the country's largest banks said they see signs that lending markets are thawing, though consumers and businesses remain reluctant to borrow.

Sales of new single-family homes had their second-worst month on record in August, with transactions falling to a 288,000 seasonally adjusted annual rate, according to figures released by the Commerce Department.

Freddie Mac reported a 17% jump in refinancing volume from July to August and another monthly decline in single-family delinquencies.

Foreclosure starts continue to accelerate with the GSEs displaying more aggressive timelines on early stage delinquencies.

GMAC Commercial Finance LLC has sold its resort financing business to Centerbridge Capital Partners LP for an undisclosed price. The business includes a $1 billion portfolio of loans to timeshare resorts.

As I write this article, I am sitting in the hospital waiting on my surgeon to get around to calling to the nurse’s station to allow me to have something to eat after 36 hours.