Originations

A Virginia woman has pleaded guilty to leading a mortgage-fraud ring that victimized hundreds of Hispanic residents in the northern part of the state and caused millions of dollars in losses for lenders.

Nothing touches off an argument more than questions about whether the CFPB will allow any marketing services agreements to continue. Some mortgage lenders say no and are winding down their agreements, others insist regulators can be satisfied, and still others are just plain confused.

Many Californians who earn the median household income for their area cannot afford to buy a house where they work, the California Association of Realtors said.

Mortgage professional hiring and new job appointments for the week ending Aug. 21.

Homebuyers may be missing out on a wide range of programs that can help them afford their purchases — programs their agents either don't know about or don't want to bother with.

Potential homebuyers were most worried about price in the second quarter, according to a new Redfin survey.

The number of homes that have recorded yearly declines in value of at least 2% has risen sharply, according to Weiss Residential Research.

DotLoop, the tech startup Zillow just bought, takes the headaches and duplication out of managing real estate documents — up until the hardest part of the transaction, the mortgage. Expanding into mortgages is possible, but would be tricky.

Detroit property values have increased the most in percentage of value of any city in the U.S. over the last year, a mortgage consulting firm found in its monthly survey.

Conforming mortgage rates remained steady despite many indications that the Federal Reserve is considering bumping up short-term interest rates, according Freddie Mac.

Purchases of previously owned homes unexpectedly rose in July to the highest level since February 2007, consistent with further strength in the housing market.

Home sales in July rose 11.3% from a year earlier, as lenders appear to be loosening access to credit, according to Re/Max.

CoreLogic has launched a new intelligence tool aimed at improving marketing segmentation and risk detection.

The share of refinancing activity as part of the origination market fell in July, according to the Ellie Mae Origination Insight Report.

Mortgage application volume grew 3.6% on a seasonally adjusted basis compared with the week prior, according to the Mortgage Bankers Association.

Home sales in California continued to rise in July, even as home prices remain elevated, according to a new report.

The California Housing Finance Agency has forged partnerships with two federal agencies to provide lower interest rates to multifamily developers as a way to encourage more affordable housing.

The $3.9 billion-asset Luther Burbank Savings has opened retail loan origination offices in several Southern California cities to produce more jumbo mortgages. It is one of several lenders in the region that think jumbo loans are worth the risks to achieve growth.

Melissa Cohn has opened MC Home Loans looking to recreate the success she had at Manhattan Mortgage.

First-time homebuyers between 2010 and 2013 were slightly younger than in the previous four-year period, according to Zillow.