Origination

Freddie Mac has appointed Arbor Commercial Mortgage as its latest seniors housing lender, the Uniondale, N.Y.-based mortgage company said Monday.

A New York law that was invalidated by a federal judge was one of many efforts by big cities to pressure banks into making more investments in local communities after the crisis. Some municipal laws could be more vulnerable to bankers' legal challenges than others.

Walter Investment Management in Tampa, Fla., said its second-quarter loss widened, as it recorded a goodwill impairment charge in its reverse mortgage division.

The delinquency rate for commercial mortgage-backed securities was little changed from June to July, according to Fitch Ratings.

Impac Mortgage Holdings reported an increase in second-quarter profit, citing higher gains on the sale of loans.

LoanDepot has introduced home equity loans to its list of marketplace lending products.

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.

Shellpoint Partners is preparing to issue its first private-label residential mortgage-backed security since walking away from its last deal in 2013.

PennyMac Mortgage Financial Services reported a rise in income on higher servicing and origination revenue.

1st Service Solutions warned that the Las Vegas, Phoenix and Chicago markets could cause problems for commercial mortgage-backed securities investors.