Origination

Consumer attorneys are filing more Telephone Consumer Protection Act lawsuits than ever and if a piece of follow-up legislation becomes law, the peril to mortgage lenders will grow.

Home sales in November tumbled by 11.9% compared to last November, and sales over the first 11 months of 2019 are down 2.3% compared to the same period last year.

Bay Area real estate has long been hailed for its sizzling hot prices, tear-downs and bidding wars, but a new report shows that what goes up does tend to come down eventually.

The percentage of homes started last year and built within an association rose 2 percentage points to 63%, according to the National Association of Home Builders.

Mortgage industry hiring and new job appointments for the week ending Dec. 27.

Single-family homes in Maine sold for more this November than last year, reflecting a national trend for higher home prices.

Mortgage rates ended the week little changed from the previous seven-day period and near historic lows for the year, according to Freddie Mac.

A trade group is looking into why New York Gov. Andrew Cuomo felt foreclosure risks were too high to sign a bill that would have approved reverse mortgages for cooperative properties.

Mortgage applications decreased 5.3% on a seasonally adjusted basis from one week earlier led by a decline in conventional refinance loan demand, according to the Mortgage Bankers Association.

In 2009, there was hardly a block in the Tampa Bay area that didn't have at least one house in foreclosure.