Servicing

The real estate firm Lincoln Property Co. purchased an office and retail complex that was in receivership for $76 million.

The Federal Open Market Committee's statement from its last meeting of the year acknowledged some slight economic growth but generally kept current stimulus, including mortgage-related programs, on a steady path.

U.S. commercial real estate market fundamentals currently look as if they will continue to stabilize going forward but it will depend to some extent on property type, location and liquidity, according to Fitch's recent structured finance outlook conference call.

FHFA Inspector General Steve Linick said he has opened "numerous" criminal and civil investigations of lenders, servicers, individuals and other firms that have victimized Fannie Mae and Freddie Mac.

DebtX, Boston, has been hired to sell roughly $334 million of troubled acquisition, development and construction loans for a bankrupt real estate fund.

Prudential Mortgage Capital Co., Newark, N.J., has hired at least two multifamily loan officers for the Boston office it opened in October and plans to expand further throughout the nation, one senior executive of the company told National Mortgage News.

If households are ever to climb out of the financial hole created by the housing bust, stocks are going to have to do better.

The Federal Housing Finance Agency is urging a U.S. district court to block the city of Chicago from enforcing an ordinance that could increase the cost of maintaining foreclosed properties controlled by Fannie Mae and Freddie Mac.

The Inspector General's office of the Federal Housing Finance Agency is taking bids on a contract to evaluate mortgage servicing rights, according to a 'request for proposal' being circulated around the industry.

Earlier this month Freddie Mac released the results of its Primary Mortgage Market Survey revealing that interest rates are still at historic lows.