Origination

Black Americans haven't experienced the same increase in housing values, wealth and ownership that white Americans have during the past decade's economic expansion, when home prices soared 73%, according to Redfin.

Connecticut single-family home sales fell in June, the 11th consecutive monthly decline, as the median sale price also dropped.

The Federal Housing Administration is aiming to limit the share of borrowers who have been withdrawing money from the value of their homes.

Mortgage rates were unchanged from last week, but going forward, they are likely to decline following investors' reaction to the Federal Open Market Committee's July 31 short-term rate cut announcement.

Bankers are downplaying such concerns, but others say a sharp decline in values on rent-regulated buildings means landlords will have less cash flow to acquire new properties.

Under a proposal yet to be officially unveiled, plaintiffs relying on the so-called “disparate impact” doctrine would have to show a more direct link between a lender’s policy and discriminatory effect.

June's median price in Santa Cruz County, Calif., the midpoint of what sold, of single-family homes hit $919,500.

Loan officers' jobs are harder than they need to be because of back-end system inefficiencies, and it adds cost to the process.

Equitable Group Inc. and Home Capital Group Inc. are reaping a windfall from Canada's tighter mortgage regulations.

Taylor Morrison Home Corp. recorded earnings that outpaced analysts' estimates and announced a partnership in the growing rental market.