Origination

Now the shutdown has stretched into mid-June, effectively canceling the long-anticipated Memorial Day listings bonanza.

Mortgage applications increased 9.3% from one week earlier, fueled by low mortgage rates and the release of pent-up demand, according to the Mortgage Bankers Association.

The coronavirus pandemic is driving rents down in San Francisco and across the region, reshaping a housing market that for the past decade has generated enormous profits for residential developers while displacing tens of thousands of workers from the inner Bay Area.

Home sale prices in Cuyahoga County, Ohio, continued their usual spring rise through May, though the number of sales were down amid the coronavirus crisis.

If delinquency rates rise, all four stand-alone firms would have a capital shortfall.

Looming economic uncertainties forced mortgage lenders to tighten underwriting standards in May.

Southern California housing markets are rebounding off what arguably was the worst April in the history books.

A federal grand jury indicted Ronald J. McCord, 69, of Oklahoma City, on charges of defrauding two banks, Fannie Mae, and others of millions of dollars, money laundering, and making a false statement to a financial institution, said Timothy J. Downing, U.S. attorney for the Western District of Oklahoma.

As brick-and-mortar shopping centers steadily lost market share to online competitors, the family behind three of the four biggest malls in North America built a thriving business by infusing their properties with heavy doses of entertainment.

Sales of single-family homes and condominiums on Oahu tanked in May as owners and buyers elected to practice social distancing.