Origination

As the summer home-selling season came to a close, median sale prices — both across Central Texas and within the Austin city limits — reached all-time highs in August, the Austin Board of Realtors said.

Data security, while better than paper-based processes, still can be a problem, according to panelists at Digital Mortgage 2020.

A combination of pent-up demand, low inventory and rock bottom interest rates is making it extra tough for homebuyers with government-backed loans.

Mortgage industry hiring and new job appointments for the week ending Sept. 18.

Although it moved from the glitz of Las Vegas to a fully virtual event, the 2020 Digital Mortgage Conference delivered insights and acumen from the industry.

The Flagstar MortgageTech Accelerator program was designed to give qualified fintechs access to experienced mentors and potential customers. Applicants also may obtain access to seed capital funding.

Home starts fell more than forecast in August, reflecting less construction of apartments and a decline in the tropical storm-hit South, representing a pause in momentum for a housing market that's been a key source of fuel for the economy.

The median sales price for a single-family house in Rhode Island hit an all-time high of $333,164 in August, according to the Rhode Island Association of Realtors.

Mortgage rates remained relatively flat, rising a single basis point off of last week's record low, according to Freddie Mac.

Nowhere is the widening gap between real estate and the real economy more apparent than in Las Vegas, where tourism is in ruins, wages are plunging and home prices just keep rocketing higher.