Purchase

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.

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.

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

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.

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.

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.

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.

Chattanooga, Tenn., home prices continued to accelerate in the first three months of 2017 as sales outpaced the number of new homes put on the market, shrinking the available inventory of houses for home buyers to choose from in the area.

The median time it took a home listed for sale to go into contract was 40 days in April, the fastest since Redfin started tracking this data in 2010.

Down payment standards should be relaxed to just 10% to spur homebuying among millennials, Bank of America CEO Brian Moynihan said this week.

The spring home buying season got off to a sluggish start in Greater Hartford with home sales and prices sliding in April compared with a year earlier.

The lack of knowledge around the home purchase process was cited by 39% of mortgage executives as the leading barrier keeping potential first-time buyers from entering the market.

The time needed to close a mortgage improved nine days since the start of the year as the market has shifted to doing more purchase loans.

Consumers already apprehensive about affordable housing in South Florida will take little comfort in the latest price increases for existing single-family homes.

Want a home loan these days? Increasingly, your credit needs to be almost perfect.

Mortgage applications decreased 4.1% from one week earlier as the refinance share hit an eight-plus-year low, according to the Mortgage Bankers Association.