Origination

Zillow Group Inc. jumped in late trading Thursday after the company said it plans to repurchase shares as it makes progress winding down its ill-fated home-flipping business.

Besides making the deduction permanent, the bill doubles the income threshold for those eligible to claim it.

Treasuries plunged following news of the omicron variant, but subsequently reversed course.

The federal sentencing of the onetime president of the Mortgage Bankers Association, Ron McCord, follows a guilty plea and admissions related to improprieties in warehouse lending and servicing arrangements.

The news comes just a day after the company restructured its merger with Aurora Acquisition to put $750 million in cash on its balance sheet right away.

The agency must raise its upper and lower levels in tandem with the new conforming loan limits by law.

The new terms, which still value the New York-based mortgage lender at $6.9 billion, include a $750 billion convertible bridge note.

Purchase applications increased for the fourth consecutive week, with the average loan amount at its highest since February.

In areas prone to natural disasters, first-year premiums could rise between 10% to 15% annually, but many appraisers are inaccurately calculating renewal hikes.

The increase that followed in the pandemic’s wake is subsiding, and migration patterns are shifting, according to Redfin.