Origination

Sachem Capital Corp., a hard-money mortgage lender that makes short-term loans to investors, has raised $10 million in gross proceeds from a public offering of 2 million common shares.

Home sales declined in June nearly 10% and condo sales plunged nearly 12% compared to last June as the median sale price for both homes and condos in Massachusetts soared to all-time highs.

Bay Area home sales swooned in June, tumbling to recession levels of a decade ago as buyers grew increasingly weary of sky-high prices and scant choices.

The mortgage industry was caught off guard by regulators’ decision to cease special treatment for Fannie Mae and Freddie Mac in complying with underwriting rules. But how big of an impact will the new policy have?

President Trump has signed the Protecting Affordable Mortgages for Veterans Act, which aims to address concerns that rules around certain VA refinances were impeding those loans' inclusion in secondary market pools.

Timothy Mattke replaced Patrick Sinks as CEO of MGIC Investment Corp., just two days after the company announced earnings that beat expectations.

The. U.S. housing market is splitting along racial lines, with black homeownership dropping to the lowest level since at least 1970 — just two years after the Fair Housing Act was passed.

While strong housing demand continues in Central Texas, new numbers show the area's homebuilding pace slowed in the second quarter as builders grappled with a shortage of lots.

If 2018 was a year of drama — a steep rise in housing prices and scary decline in inventory — 2019 has proven to be a year of steady growth.

Mortgage industry hiring and new job appointments for the week ending July 26.