Underwriting

Home sales and prices in the Baltimore area continued to climb in May, as buyers vied for properties in a market with historically low inventory.

A loan securitization launched by Mill City has the largest concentration of seasoned negative-amortization loans seen in a residential mortgage-backed securities deal since the financial crisis.

American International Group will receive $590 million in gross proceeds from the sale of Arch Capital Group stock it received in the United Guaranty Corp. transaction.

Median prices for single-family houses and condominiums on Maui increased by double-digit percentages in May as low inventory prompted buyers to snap up properties at a rapid pace.

Mortgage credit availability declined in May as lenders reduced the number of government-guaranteed products they market by nearly 2%.

The number of first-time single-family homebuyers has hit a peak not seen since 2005 and is expected to spur the origination of more mortgages with higher loan-to-value ratios.

Mortgage rates dropped for the fourth consecutive week and hit their lowest level in nearly seven months, according to Freddie Mac.

Lower rates led to an increase in both purchase and refinance applications compared with the previous week. according to the Mortgage Bankers Association.

Summer usually ushers in prime homebuying season in Southern Nevada, but that could change drastically in 2017.

The Federal Housing Administration's gateway to homeownership could be widened if the Trump administration takes actions to reduce mortgage insurance premiums and clarify lender penalties under the False Claims Act.