Origination

The former Bear Stearns headquarters building at 245 Park Avenue, a long-time home to cornerstone financial services tenants as well as Major League Baseball, is the sole property backing a new single-borrower $500 million commercial mortgage securitization.

Mortgage industry hiring and new job appointments for the week ending May 12.

The Ventura County, Calif., housing market is enjoying a strong start to the spring selling season, but a lack of midrange housing inventory remains an issue that is pushing prices higher.

Pending sales of existing detached homes in the Albuquerque metro area during April shot up 23% from a year ago.

The six private mortgage insurers are jockeying to differentiate themselves with value-add services that complement their core product.

FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.

The Property Assessed Clean Energy program entails a priority lien that critics dislike, but one lender ran the numbers and liked them enough to take out a PACE loan itself.

The Houston region saw more homes hit the market in April, boosting inventory and providing additional options to eager Houstonians.

A pair of real estate developers told a Greater New Haven Chamber of Commerce audience that they regard New Haven, Conn., as one of the most attractive places in the nation in which to do business.

Mixed economic news kept mortgage rates just above 4% for the third consecutive week, according to Freddie Mac.