Wachovia Securities, with a $187.0 billion portfolio as of June 30, is the largest primary and master servicer of commercial mortgage-backed securities, according to the Mortgage Bankers Association.Capmark Finance Inc., with $140.1 billion, is the second-largest CMBS servicer on the MBA's list. Rounding out the top five are Midland Loan Services, with $115.0 billion; Wells Fargo, with $78.4 billion; and KeyBank Real Estate Capital, with $64.0 billion. LNR Partners Inc. is named as the special servicer on $207.5 billion of CMBS deals, ranking it No. 1 in that category, the MBA reported. The association can be found online at http://www.mortgagebankers.org.
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Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
September 9 -
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
September 9 -
Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
September 9 -
Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
September 9 -
Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.
September 8 -








