Origination

A lender that provided more than $388 million to finance one of Plano's biggest real estate developments has filed to foreclose on the project.

When it comes to purchasing a home vs. renting on the affordability continuum, the reasonably priced properties skew towards less populated areas, according to Attom Data Solutions

The fact that the more operationally skilled nonbanks have come to specialize in government mortgages is hardly surprising if you assess the cost to originate and service these loans.

From 2015-18, the time a home spent on the multiple listing service in metro Denver averaged a consistently short 26 days, but last year that average jumped to 31 days.

There was less credit available for the first time in four months in December, when lenders offered fewer conventional and government products, particularly Veterans Affairs-guaranteed loans, the Mortgage Bankers Association said.

Colorado Springs-area homes sold at a near-record clip last year, but an inventory shortage held the market back from being even better.

Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.

The delinquency rate for commercial mortgage-backed securities ended 2019 at its lowest point in nearly 11 years, aided by increased issuance and the resolution of legacy transactions, Fitch Ratings said.

Bolstered by a high demand by both lenders and borrowers, 2020's commercial and multifamily loan volume is anticipated to shoot well past last year's record total but adapting to the LIBOR and CECL shifts will provide challenges, according to the Mortgage Bankers Association.

The estimated number of mortgage professionals employed by nondepository institutions inched down in November 2019 following a surge in the previous month.