Origination

One of the biggest investors in the Marriott Pere Marquette project has filed to start foreclosure proceedings in Peoria County, Ill., Court.

Scant listings of houses for sale in the core Orlando market pushed up home prices by 2.6% during the one-month period of February.

Slim pickings put a lid on home sales in the Twin Cities metro last month, the Minneapolis Area Association of Realtors said.

Bankers and housing advocates say many low-income housing projects simply won't get built if the White House and Congress move to eliminate two federal block grant programs.

Wells Fargo's next offering of commercial mortgage bonds is unusually concentrated in a relatively small number of large loans, though many are high-quality properties located in strong markets.

A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc.

Confidence among homebuilders is the strongest since the mid-2000s housing boom as sales prospects improve despite rising mortgage rates.

The 2017 countdown of the National Mortgage News Top Producers list continues by featuring the loan officers ranked 51-100.

Industry critics argue the Invitation Homes deal will create new risks for Fannie Mae and remove affordable inventory from homebuyers.

Reflecting the post-election interest rate rise, closed purchase loans were 57% of February's total volume, according to Ellie Mae's Origination Insight report.