Origination

To boost its presence in affordable housing, Synovus Bank is devoting considerable resources to training its loan officers.

Wisconsin Republican Sean Duffy routinely pushed to restructure the Consumer Financial Protection Bureau and authored a bill to reform the flood insurance program.

Lower interest rates that have the power to reduce house payments are triggering a surge in mortgage refinancing activity and giving real estate agents hope that more affordable rates can lift area home sales that are barely lagging behind 2018.

Sales of existing single-family homes in Maine remained relatively flat in July compared with a year earlier, while the median sale price increased by about 2%.

A brazen Beverly Hills Realtor and his accomplice allegedly used open houses to steal from superstar singers Usher and Adam Lambert, prosecutors said.

Ginnie Mae followed through with plans to look more closely at secured debt ratios in its latest round of new and revised issuer requirements.

Millennial mortgage debt is on pace to reach levels higher than any other generation, according to Experian.

Blooma has developed a software product that combs databases to create property profiles for commercial real estate lenders. It can drastically cut origination costs and approval times and help banks identify safer loans, the company says.

Cities and counties in Southern California will have to plan for the construction of 1.3 million new homes in the next decade, a figure more than three times what local governments had proposed over the same period, according to a letter released by state housing officials.

Sales of new homes fell in July, missing estimates, after an upward revision to the prior month brought those sales to the highest level since 2007, a sign that lower borrowing costs may be helping stabilize purchases.