Origination

Mortgage applications increased 2.9% from one week earlier, rising for the first time in nearly a month with home-buying demand remaining unusually strong as summer ends, according to the Mortgage Bankers Association.

The final version of the amended rule, like the original proposal, makes fair lending claims tougher to prove; but it does soften language that otherwise might have allowed mortgage companies to use algorithms to prove nondiscrimination.

Homebuyers are fleeing dense Bay Area neighborhoods for Wine Country environs, heating up a local real estate market rapidly recovering from a pandemic-induced slowdown.

Anticipated population growth has multifamily investors spending more on apartment buildings despite sales volume dropping by 50% for the first half of 2020, compared to the year-ago period, in Miami-Dade and Broward.

U.K. house prices rose by the most in four years in August as buyers rushed to take advantage of a tax cut that is helping to bolster a post-lockdown spurt in property transactions.

As bidding wars raged on and mortgage rates remained near historic lows, housing market confidence grew in August, according to Fannie Mae.

Without further government help, that rate could double again by 2022, CoreLogic said.

More so than their colleagues nationwide, originators in the Southeast are concerned about how supply impacts their business.