Origination

Mortgage rates had their largest week-to-week uptick since October 2018 as bond market investors reacted to positive news about the economy, according to Freddie Mac.

Sales of previously owned homes rose in August to the highest in more than a year amid lower borrowing costs and sustained income gains, adding to signs the housing market is breaking out of a slump.

Seven real estate companies are now facing age-discrimination complaints over allegations they used advertisements posted on Facebook to filter out potential clients over a certain age.

The housing market in the Twin Cities metro last month was a little less intense than it was last year at this time, with demand for the least-expensive houses still outpacing more expensive ones.

There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.

Self-service technology gives borrowers the control, speed and convenience they desire, while providing lenders with higher origination volume.

Any progress made with loosening housing inventory was lost as a high demand of buyers scooped up homes from the market, but sales still slipped from a year ago, according to Remax.

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

Existing-home sales exceeded their market potential again in August, and the improvement may continue for some time before there's a correction, according to First American.

The mortgage industry has put more emphasis on organizing data in a digital manner and presenting it in an easily digestible format.