Servicing

Capital One Financial Corp. has agreed to buy multifamily mortgage lender Beech Street Capital.

The commercial mortgage-backed securities deal priced its short dated, 2.47-year, class A1 tranche at 55 basis points.

Loan servicing systems may not make julienne fries but they can bring profitability to mortgage bankers and depositories that make the switch from selling whole loans to retained servicing.

New York housing advocates are calling for mandatory inclusionary zoning that requires developers to include affordable housing into new developments.

Anchor BanCorp reported a large quarterly loss just days after announcing a plan to file for bankruptcy and recapitalize itself.

New large mortgage servicing rights transfers expected to be completed in the last half of 2013 indicate banks will continue to offload defaulted, high-risk loans into the hands of nonbanks.

There is some consensus that cash sales are historically high and likely to drop only gradually, but some figures put them closer to 40% than 50%.

Knowing the Consumer Financial Protection Bureau’s roadmap can help companies avoid compliance deficiencies.

ING Real Estate Finance has agreed to sell 29 commercial real estate loans with an outstanding balance of $1.6 billion to Wells Fargo Bank NA.