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Walter Investment Management Corp. has named David Schneider as president of servicing and originations at Ditech Financial.
February 9 -
The price of the loans underlying commercial mortgage-backed securities declined 210 basis points during 2015, amid a broad rise in interest rates, according to DebtX.
February 9 -
The Consumer Financial Protection Bureau's indirect response to Quicken Loans' Super Bowl 50 commercial implicitly warns consumers to be wary of technology, which points to a bigger problem: does the CFPB even know what it wants from the mortgage industry?
February 8
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Funding needed to construct houses is fairly plentiful, but homebuilders are still having trouble lining up financing to purchase and develop land. As a result, buildable lots are in short supply and far more expensive.
February 8 -
The San Francisco Bay Area housing market has seen values that have risen to unsustainable levels, according to Fitch Ratings.
February 8 -
The Fannie Mae Home Purchase Sentiment Index fell 1.7 points to 81.5 in January, reflecting the effects of decreasing housing affordability.
February 8 -
The nonbank mortgage sector ended 2015 with 12,300 more full-time employees than in December 2014.
February 5 -
Station Place Securitization Trust 2016-1 plans to issue a $225 million mortgage securitization that will be the first backed by a revolving warehouse lending facility since 2009, according to Moody's Investors Service.
February 5 -
Hotel property owners will discover that interest rates have climbed, if they try to refinance loans this year, Fitch Ratings said.
February 5 -
Wells Fargo has reached a $16.2 million settlement in a class-action lawsuit regarding an alleged kickback scheme involving the shuttered Owings Mill, Md.-based Genuine Title.
February 5




