Servicing

Centerline Capital Group has completed a $4.7 million cash-out refinancing transaction on two multifamily properties in Chicago.

JPMorgan Chase’s mortgage originations during the second quarter rose 12% year-to-year to $49 billion.

A study from the Federal Reserve Bank of Cleveland says the claim that Americans whose homes were underwater were unable to relocate for job purposes was a myth.

Delinquent CMBS loans declined 19 basis points in June to 7.18% from 7.37% a month earlier.

The mortgage banking business added $2.8 billion to Wells Fargo’s noninterest income in the second quarter.

Compared to the first recovery years, full-service hotel prices are increasing at roughly the same pace as apartment prices.

After a one day pause, the stock market resumed its climb, and 13 of 17 Mortgage Industry Equity Composite members joined in.

Through MPF Xtra, loans are aggregated and sold to Fannie Mae.

We're hearing from New York where the attorney general recently filed a law suit against HSBC alleging things which, if true, could help explain why judicial foreclosures take so long.

W.J. Bradley Mortgage Capital executives find deciding whether holding or selling mortgage servicing rights is worthwhile for the company in the long run both tough and rewarding.