Origination

While the COVID-19 pandemic has hammered other areas of the Albuquerque, N.M., economy, it's becoming clear that it hasn't stopped residential real estate momentum.

Mortgage industry hiring and new job appointments for the week ending July 24.

Home-renovation loans to add features such as offices and pools could be one source of lending as credit unions struggle with overall sluggish loan demand.

JPMorgan Chase Asset and Wealth Management Private Bank is pooling over 400 seasoned mortgage loans from its high-net worth clients. The loans are considered low-risk, but were not tested against CFPB qualified-mortgage standards.

Google has allocated $115 million out of a $250 million investment fund for affordable housing projects in the Bay Area.

The returns on investment for homes sold in the second quarter of 2020 reached the highest level since the housing bubble collapsed, according to Attom Data Solutions.

Other moves it is undertaking include business divestitures and increased dividends while defending against a takeover attempt.

After two months of steep drops, home sales leveled off in the Sarasota-Manatee, Fla., region in June.

Mortgage rates rose for the first time in six weeks, going back the above the 3% mark, as spreads to the 10-year Treasury yield widened again, according to Freddie Mac.

Almost six in 10 completely agreed that company-provided technology met or exceeded their expectations.