Origination

Appreciation more than tripled the year-ago rate, according to CoreLogic.

The combined companies will have over 6,500 clients for its services.

While record price appreciation led to trillions of dollars in equity, forborne borrowers still face the risk of losing their properties, according to Black Knight.

There is $900 million in debt on the land alone, including the $150 million junior loan that is for sale by Jones Lang LaSalle.

In its initial message to the new head of the Consumer Financial Protection Bureau, the Community Home Lenders Association reiterated its call to require depository loan officers to be licensed.

The acquisition of Sabal Capital Partners, which has been growing its footprint in commercial mortgage-backed securities lending, will help the Alabama bank build out its capital markets business.

The Federal Housing Administration changes are effective immediately with a mandatory Dec. 31 compliance deadline, according to an information bulletin published Sept. 30.

Both third-party lenders will purchase conforming loans with balances of $625,000 — 14% higher than the current limit — in anticipation of regulators' action.

The federal government Friday rolls out a flood-insurance program revamped to reflect worsening climate change, a program that will raise rates for millions of homeowners in wealthy coastal areas and humble inland communities alike.

While PLS loans still represent a sliver of the overall mortgage market and are nowhere near the $1 trillion level seen before the Great Recession, issuance jumped markedly this year.