Origination

The owner of the MacArthur Center Mall in Norfolk, Va., has defaulted on a $750 million loan which includes the property as collateral.

Pending new home sales increased both on a month-to-month and annual basis, benefitting from the current low mortgage rate environment, although they are still constrained by inventory issues, a Meyers Research report said.

First mortgage volumes continue to rise at credit unions, but home equity lines of credit have fallen dramatically in recent years.

The United Kingdom’s legal separation of retail deposit-taking from risker activities prevents banks from transferring domestic earnings internally, and the trapped capital has become the catalyst for a mortgage price war.

Downtown San Jose, which has been overshadowed by its Bay Area neighbors, is having a real estate development boom because it qualifies as an opportunity zone

Metro Atlanta home prices continued their climb in November as sellers continued to hold the advantage in negotiations.

Although the housing market in the Twin Cities metro posted only modest gains during November, house prices rose to a new high.

Mortgage industry hiring and new job appointments for the week ending Dec. 20.

Despite home prices continuing to rise faster than household income, affordability gains inched up due to the low mortgage rate landscape, according to Attom Data Solutions.

The critical defect rate for closed mortgage loans continued its decline in the second quarter, as lenders benefited from increased loan volume and profitability, an Aces Risk Management study found.