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Approximately 8% of the outstanding balance of commercial and multifamily mortgages held by nonbank lenders and investors will mature in 2013.
February 4 -
CitiMortgage has responded to recent allegations that it and other large banks engaged in deceptive practices when force-placing insurance policies on borrowers, saying it follows federal rules and guidance in this area.
February 4 -
We're hearing changing rules will likely stifle innovation in mortgage technology development in the near term.
February 4
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Just two weeks after issuing new mortgage rules, the Consumer Financial Protection Bureau added 1,800 pages of regulations covering mortgage servicing.
February 4 -
The credit union movement cannot survive without the ability to write mortgages, meaning they simply will have to abide by the new rules.
February 4 -
Nationstar Mortgage Holdings closed the purchase of mortgage servicing rights of roughly $97 billion in unpaid principal balance loans and certain other assets from Bank of America.
February 4 -
The composite score for the U.S. commercial property market remained stable in 2012 and suggests the market will continue to remain stable.
February 4 -
The state of Nevada plans to purchase severely delinquent underwater loans from the Federal Housing Administration and refinance the homeowners so they are no longer in a negative equity position.
February 4
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The Mortgage Bankers Association predicts commercial and multifamily real estate loan originations of $254 billion in 2013, up 11% over 2012.
February 4 -
Real Integrated Technology plans on following up its property inspection technology offering currently used to manage inspection documents and data sent to commercial mortgage servicers with automation that the residential market can use.
February 4
