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Altisource Asset Management and Altisource Residential LP executive vice president Salah Saabneh has resigned, according to two Securities and Exchange Commission filings.
October 10 -
Generation Mortgage Co. is exiting the Home Equity Conversion Mortgage origination business, but will continue to service reverse mortgages.
October 10 -
Delinquency rates for commercial mortgage-backed securities declined steadily in September compared to a month earlier.
October 10 -
Complete Financial Solutions in Spokane, Wash., has agreed to buy Northern Star Financial in Mankato, Minn.
October 10 -
Auction.com, Auction Finance, residential real estate
October 9 -
Recent layoffs at two Wingspan Portfolio Advisors call centers come just weeks after several employees, including at least one senior vice president, were laid off at the special servicer's Dallas headquarters.
October 9 -
Student loan debt has simultaneously reduced younger consumers' ability to get a mortgage and burdened their older family members, a TransUnion study shows.
October 9 -
In another sign of strong demand by investors for nonperforming residential mortgages, the asset class is edging closer to more rated, public securitizations a rarity in this largely opaque market.
October 8 -
Fitch Ratings issued an industrywide report Tuesday on U.S.-based commercial mortgage-backed securities. The report highlights positive signs of progress but also says the sector has, "room for improvement."
October 8 -
New York-based real estate investment trust Apollo Commercial Real Estate Finance has completed $190 million in investments that include the recent acquisition of a minority ownership in KBC Bank Deutschland AG.
October 8
