Origination

EF Hutton admitted in a court filing that it has defaulted under the terms of its contract with a real estate company and that the company has rightfully accelerated the debt.

FB Financial is selling its correspondent lending channel to Rushmore Loan Management Services, which will complete the bank holding company's restructuring of its mortgage business.

An Ohio county would invest an additional $65 million to spur construction of 2,050 affordable housing units over the next decade under recommendations included in a broader economic development plan.

Investors last year purchased a record share of Dallas-area homes and these for-profit homebuyers are expected to continue to gobble up thousands of houses in North Texas and nationwide.

Making low-balance loans with poor economies of scale is tough in a market with slim margins, but it could have its rewards.

Contract signings to purchase previously owned U.S. homes increased in May, indicating Americans may be responding to declining mortgage rates.

A group of Senate Democrats have called on HUD Secretary Ben Carson to reverse his agency’s opinion that borrowers in the Deferred Action for Childhood Arrivals program are ineligible for FHA loans.

From Seattle to Pittsburgh, here's a look at the 12 best housing markets for homebuyer purchasing power, characterized by a favorable combination of local wages and lower property values and mortgage rates.

The refinance share of mortgage applications climbed to the highest level since January 2018 as the average 30-year fixed interest rate continued tumbling, according to the Mortgage Bankers Association.

The president signed an executive order Tuesday establishing a White House council dedicated to examining regulatory barriers to affordable housing.