Origination

A patchwork of state laws makes it tough for lenders to adopt electronic notarization, but they'll need to if they want to make a fully digital mortgage a reality.

While homes sales in January might have been down across the region, activity in St. Johns County was still strong.

Consumers have much more confidence in the job market than they do on housing, and home prices could be the culprit, according to Fannie Mae.

Sales of new and existing single-family homes in the Albany, N.Y., area fell 10% in January from year-earlier levels, the Greater Capital Association of Realtors reported.

As 2019 got underway, weakness in the housing market drove the number of workers employed by nondepository mortgage companies down to a low not seen since August 2016.

New-home construction rebounded by more than expected in January amid strength in single-family starts and a nine-month high for permits, signaling the market is stabilizing thanks to lower mortgage rates.

Mortgage industry hiring and new job appointments for the week ending March 8.

Despite the pool of refinance candidates shrinking 30% from late 2017, the incentive for mortgage borrowers to refi shot up at the start of the year on interest rate declines, according to Black Knight.

In the face of tough questioning from House members, CFPB Director Kathy Kraninger appeared mostly unfazed and tried to strike a balance between heeding concerns about the agency’s power and supporting its mission to help consumers.

Despite a lower rate of increase, 2019 equity gains could pull 350,000 households from being underwater on mortgages, according to CoreLogic.