Origination

Even though mortgage application volume decreased from one week earlier, lenders had their best week for purchase business since the coronavirus shutdown began, according to the Mortgage Bankers Association.

Almost 10 years after it became the business world's biggest buzzword, cloud technology is everywhere, but few mortgage companies have fully capitalized on its efficiency and flexibility advantages.

The Southern California housing market was on track for record-setting prices and increased sales before the coronavirus outbreak hit, new numbers show.

Refinancing drove a 75% year-over-year increase in mortgage banking revenue during the first quarter at Flagstar Bancorp as it shored up its operations to avoid other negative repercussions from the coronavirus.

Manhattan homebuyers were already calling the shots in deals before the coronavirus hit. Now they're more in control than ever.

Mass layoffs and furloughs due to COVID-19 disproportionately affected Asian, black and Latino workers, and, in turn, will impact their housing security the most, according to Zillow.

Dallas-area home prices were up just 2.5% in the latest national comparison, but the small year-over-year increase came in February before the COVID-19 pandemic significantly impacted the market.

The Greater Capital Association of Realtors released market numbers, showing pending sales in March were down 21% from March of last year, and closed sales dropped by 10% compared to March 2019 as the impact of COVID-19 spreads through the local real estate market.

Is JPMorgan Chase an outlier or the canary in the coal mine when it comes to home equity lending during the coronavirus spread?