Origen Financial Inc., a real estate investment trust based in Southfield, Mich., has announced the renewal of a financing facility with Citigroup Global Markets Realty Corp. for an additional year, with an increase in its capacity from $235 million to $250 million.The company said the other terms of the facility have also improved, offering lower borrowing costs and a higher advance rate. Origen, which originates and services manufactured home loans, can be found on the Web at http://www.origenfinancial.com.
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Sales trends for new homes are on the upswing, another reason mortgage lenders need to keep an eye on this segment, the Mortgage Bankers Association found.
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While raising concern, foreclosures were returning to normal historical trends, with timelines also shortening in the first half of 2026, Attom said.
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Bob Murphy was a key figure in vendor management as the co-founder of Lenders Service Inc., which is considered the first AMC, and later created ValuAmerica.
July 15 -
Randian Capital, which has limited influence due to its small stake in the top mortgage company, is recommending a new strategy for the servicing portfolio.
July 15 -
Increased use of artificial intelligence led to revenue growth and productivity gains during the second quarter, the bank's leaders said.
July 15 -
Economists at the government-sponsored enterprise have been lowering their single-family origination volume estimates for several months.
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