Origination

St. Louis officials approved using $5 million in federal tax credits to extend a loan to national low-income housing firm McCormack Baron Salazar, an unusual move the company said will help it weather the financial impact of the coronavirus pandemic.

JA wave of new homebuyers from the northeast and other parts of the country flooded the Hilton Head, S.C., real estate market over the past few weeks.

Buying power for many consumers is hampered and some originators said that affects their ability to serve consumers.

Compared with the week prior, approximately 57,000 fewer loans from all investor types were forborne.

How the mortgage and housing industries react to the current civil rights moment could shape policies and bridge the homeownership divide for the Black community.

Blackhawk Community Credit Union sold the buildings it acquired in lieu of foreclosure to Rock Renaissance Partnership for $165,000.

An Idaho court has ruled against a Treasure Valley resident for his role in a Ponzi scheme that bilked millions from real estate investors.

The coronavirus lockdown walloped California house sales in May, resulting in a 41.4% drop in transactions from the previous year, the California Association of Realtors reported.

House listings in the Twin Cities metro during May were down nearly 25% compared with last year.

Mortgage industry hiring and new job appointments for the week ending June 19.