Origination

Lenders implemented stricter underwriting across all loan types in the first quarter as the pandemic upended the economy, the Federal Reserve said in its survey of loan officers.

Less competition in the marketplace meant customers were less apt to fudge the truth on a loan application.

The Federal Reserve's emergency rescue of the U.S. mortgage market should have set off celebration among lenders trying to keep up with demand from borrowers. Instead, executives at Quicken Loans got a hefty margin call.

The Palm Beach, Fla., real estate market entered the season last fall with a strong wind at its back.

Jay Bray speaks about the company's experience in working with distressed borrowers going back to the Great Recession.

As the coronavirus takes a major toll on housing inventory and credit availability, pent-up buyer demand could lead to market recovery, according to Redfin.

Credit inquiries for auto lending, revolving credit cards and mortgages fell sharply in March as unemployment surged, according to a Consumer Financial Protection Bureau report.

Homebuilders in the Twin Cities ramped up production last month, despite a barrage of challenges including growing economic uncertainties and a mandate to practice social distancing rules on job sites.

Net income grew by nearly 1,990% year-over-year as its core mortgage services businesses gained scale.

Mortgage industry hiring and new job appointments for the week ending May 1.