Origination

A former Fannie Mae employee is facing more than six years in federal prison for participating in a scam involving discount sales of properties owned by the government-sponsored enterprise.

The Acadiana, La., area had a second straight record year in home sales in 2019 in terms of homes sold and total dollar volume thanks in part to a busy December.

Mortgage application activity increased 30.2% from one week earlier as purchases were at their highest level in over a decade along with substantial growth in refinancings, according to the Mortgage Bankers Association.

Jon Leiberman rarely plays the lottery but he felt like he won it this past June.

The nationwide mortgage delinquency rate had its best October in at least two decades, while the foreclosure rate remained at a 20-year for the twelfth straight month, according to CoreLogic.

Fannie Mae is sponsoring a $1.03B CRT transaction, while Caliber Homes Loans, New Residential and Onslow Bay fill the non-QM pipeline

More than half of Columbus homebuyers are millennials, according to a new study from the mortgage lead generation company LendingTree.

Fourth quarter gain on sale margin moved in opposite directions at two of the nation's largest banks, falling 9% quarter-over-quarter at JPMorgan Chase, but increasing 25% at Wells Fargo.

Homebuyers across most of Colorado, not just those in metro Denver, are faced with much slimmer pickings heading into 2020, according to December market reports from the Colorado Association of Realtors.

A rejuvenated housing market will help keep the economy chugging along despite the threat posed by a derailment in corporate spending.