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The sponsors of the Class A structure, deemed a “trophy asset” by Kroll Bond Rating Agency, are placing $825 million of a $1.2 billion whole loan into a transaction dubbed CPTS 2019-CPT.
November 12 -
The dollar volume of mortgages guaranteed by the Department of Veterans Affairs rose nearly 9% in the past fiscal year as interest-rate reduction refinancing loans surged nearly 75%.
November 11 -
Tom Marano, a former Bear Stearns banker, was apparently well compensated following the housing crisis for heading up ResCap and Ditech, both of which went into bankruptcy.
November 11 -
Columbus was the nation's third-hottest housing market in October, but this time Columbus shared the spotlight with other Ohio cities.
November 11 -
A developer who swindled almost $400,000 from six families who sought new homes in Kirkwood, Mo., was sentenced to 12 months in prison.
November 11 -
Home sales in San Diego County jumped 14.7% in September from the same time last year, which analysts largely attribute to a drop in mortgage rates.
November 11 -
How's this for a flashback to 2017? Seattle home prices rose faster in October than they have for a year.
November 11 -
Impac Mortgage Holdings generated $1.4 million in net income during the third quarter in earnings that were favorable compared to a string of losses in the past year.
November 8 -
The two newest private mortgage insurance companies had their best quarters ever for new insurance written, aided by the increase in consumers refinancing with less than 20% home equity.
November 8 -
Bay Area home prices continued to decline in September as the regional market slows from the rapid pace set over the past seven years.
November 8











