Originations

Home construction starts rose less than forecast in May, suggesting builders were slow to resume work even as states across the country began to reopen.

Purchase mortgage application volume was at its most in over a decade as consumer confidence continued to improve in the aftermath of the coronavirus shutdown, according to the Mortgage Bankers Association.

The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.

During a seven-day period earlier this month, there were 1,740 new home listings and 270 listings coming back on the market, and 2,065 pending sales, according to the Greater Metropolitan Association of Realtors.

The widespread protests that have followed George Floyd's death are, in part, a response to long-standing inequities in the Black community that the coronavirus has only exacerbated. Here's how Donnell Williams, president of the National Association of Real Estate Brokers, thinks the mortgage market can respond.

The company could be seeking a cash infusion to handle market difficulties ahead, but representatives are keeping mum on the matter.

Mortgage industry hiring and new job appointments for the week ending June 12.

The measures extended by the Federal Housing Finance Agency include alternative methods used for certain appraisals and for verification of employment.

The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said.

Mortgage applications increased 9.3% from one week earlier, fueled by low mortgage rates and the release of pent-up demand, according to the Mortgage Bankers Association.