Origination

May housing numbers are on the same track as previous months this year, not as good as 2018's record setting year, but better than any other year since 2008, according to the New Mexico Association of Realtors.

Live Well Financial's creditors are seeking a court-supervised bankruptcy, but the mortgage lender is opposing the move, saying it can get more for certain assets if it sells them before filing.

The vast majority of consumers claim it's a good time to sell a house as slowing price appreciation doesn't translate to the promise of a bigger deal ahead, according to the National Association of Realtors.

As mortgage rates dip lower and lower through home buying season, the rate of closing loan applications keeps climbing, according to Ellie Mae.

As officials prepare plans for the government-sponsored enterprises' exit from conservatorship, there's no shortage of speculation about what those plans might look like and how they might affect the mortgage industry.

While low interest rates stimulated demand for housing in the first half of the year, affordability problems are holding back the purchase market, a First American survey of real estate professionals said.

New-home sales in the Houston area rose for the fourth straight month in May, but the market could be tightening as the number of pending sales continued to decline, a new report showed.

Mortgage applications decreased by 3.4% this week, although refinance activity remained close to its 2019 high point, according to the Mortgage Bankers Association.

It is the largest single commitment from a tech company to fight the housing shortage that threatens to stall the economic engine of Silicon Valley, as even well-paid workers must wrestle with escalating rents or finding a home to buy.

The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.