Mortgages

HLP has received a $20,000 grant award from the CBC Mortgage Agency, a government housing agency owned by a Native American tribe.

A larger-than-projected decline in April sales of previously owned homes from a 10-year high indicates the residential real estate market remains constrained by a lack of inventory.

Mortgage delinquencies increased 13% in April from March, but the calendar and seasonality were the primary reasons for the spike, said Black Knight Financial Services.

Here's a look at the top cities where out-of-town house hunters are looking to buy. Mortgage lenders can capitalize on these trends with targeted marketing and specialized customer service to cater to these consumers.

Two Harbors Investment Corp. is spinning out its commercial real estate lending business to a newly created real estate investment trust, Granite Point Mortgage Trust Inc.

Application volume increased 4.4% from one week earlier as rates hit their lowest level in seven months, according to the Mortgage Bankers Association.

The Federal Trade Commission filed a civil suit against him in 2003. The Illinois Department of Financial and Professional Regulation suspended his loan originator registration in 2010.

The San Diego County median home price hit $525,000 in April, passing the region's previous peak reached in 2005.

Home prices increased 6% in the first quarter from a year earlier as competition heated up for a scarcity of listings.

Homeowners insurance agencies are embedding their policy-underwriting technology into mortgage companies' origination and servicing systems in a bid to chase the same customers together.

EagleBank has been approved as the 13th Ginnie Mae multifamily mortgage-backed securities issuer

Fannie Mae will give below-market-rate financing to multifamily borrowers who incorporate healthy design features in their newly constructed or rehabilitated buildings.

HSBC is getting aggressive in Canada — and one needs to look no further than its latest mortgage rate for proof of broader ambitions.

Bank of the West is using alternative data and the international expertise of its parent company to tap into the lucrative but difficult to underwrite market of middle- and upper-class immigrant mortgage borrowers.

Incenter Mortgage Advisors is brokering a $2 billion portfolio of mortgage servicing rights on agency loans with imaged files on behalf of an undisclosed seller.

A larger-than-forecast decline in new-home purchases in April from the strongest pace in almost a decade indicates a pause in demand in the midst of the busy spring selling season.

Fidelity National Financial has acquired Hudson & Marshall, a real estate auction company, and in a related move its ServiceLink subsidiary introduced a foreclosure auction product.

Maine's residential mortgage lending industry bears little resemblance to its prerecession version as changing conditions have shuffled the deck of top lenders and created new choices for borrowers.

April sales of existing homes fell almost 11% in Wisconsin, a drop-off industry professionals say is the result of a short supply of houses on the market.

Privately held nonbank Movement Mortgage plans to add to the operational resources it has based at a new Norfolk, Va., facility it is leasing from the city.