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Production expenses averaged $8,887 per loan for independent mortgage bankers in the first quarter as there were fewer originations to absorb the costs.
June 6 -
At CIBC, Aayaz Pira is quickly turning ideas into apps, including its new mortgage one, with the help of its recently formed innovation hub.
June 6 -
CoreLogic is acquiring appraisal technology company Mercury Network from Serent Capital just two years after the San Francisco-based private equity firm purchased it.
June 6 -
The blighted property review committee wants to take a multipronged approach to addressing neglected properties in Hazelton, Pa.
June 6 -
Summer usually ushers in prime homebuying season in Southern Nevada, but that could change drastically in 2017.
June 6 -
American International Group Inc. could securitize through a unit it has previously used to buy jumbo loans.
June 6 -
Home prices were up 6.9% in April over the prior year, as lower mortgage rates during the month stimulated consumer demand to purchase a property, according to CoreLogic.
June 6 -
The ICBA backs a plan to recapitalize Fannie and Freddie through retained earnings and public offerings, but other groups see it as a self-interested proposal to help GSE stockholders.
June 6 -
Kroll Bond Rating Agency reports rapidly rising losses on loans secured by commercial properties in Texas and in Houston, driven locally by high vacancy in the office market.
June 6 -
From pockets of growth in a shrinking refi market to the possibility of REITs buying agency risk-sharing securities, here's a look at recent market shifts that major industry players are focused on right now.
June 5 -
Lower credit scores for mortgages refinanced in the first quarter are likely to lead to increased defaults of these loans, said Black Knight Financial Services.
June 5 -
During a five-year run of real estate prosperity, some South Florida communities that bore the brunt of the excruciating housing collapse are enjoying the biggest spikes in value, homeowners and brokers say.
June 5 -
Jenni Leocadio vowed not to go couch surfing at her sister's again after getting evicted from her two-story Santa Ana, Calif., apartment in April.
June 5 -
Three Northern California men, including one of Oakland's largest landlords, were convicted of creating a massive bid-rigging scheme to scoop up hundreds of foreclosed properties at suppressed prices.
June 5 -
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.
June 2 -
Defects and misrepresentations on mortgage applications rose for the fifth consecutive month in April, with increases for both purchase and refinance loans.
June 2 -
Mortgage industry hiring and new job appointments for the week ending June 2.
June 2 -
Prices fell and the number of single-family homes sold in Connecticut were essentially flat year-over-year, according to the latest report form The Warren Group.
June 2 -
Employment in the mortgage sector increased for the second consecutive month in April as the spring home purchase season began.
June 2 -
For the first time in a decade, new-owner households created in the first quarter were higher than the creation of renter households.
June 2















