Origination

TIAA-CREF and Jonathan Rose Cos. have launched a national fund dedicated to "green" and affordable mixed-income multifamily housing development.

Wide-ranging efforts to reform Home Equity Conversion Mortgage lending and servicing practices are designed to close loopholes and resolve policy inconsistencies, but some obstacles remain unresolved and more work needs to be done.

In Las Vegas the house always wins and many in the industry were talking about the rising house values that are driving competitive purchase markets in some parts of the country.

The consolidation is expected to be completed by the start of next year.

The mortgage software tech company Ellie Mae reported net earnings of $4.1 million for this past quarter on the strength of its loan origination system software.

Mortgage lenders need to pay attention because Americans are interacting with peer-based networks to make major purchasing decisions.

Fitch noted that overall the performance of legacy CMBS deals, those originated before 2007, has stabilized.

Nonbank commercial and multifamily mortgage maturities will rise by 72%, to $158 billion next year, according to a Mortgage Bankers Association forecast.

Technology companies such as Ellie Mae, which almost doubled its employees to 700 and saw its stock price reach a new high this year, are seizing an opportunity to transform how mortgages are made.

Earnings at Radian Group swung to a profit the third quarter, boosted by mortgage services revenue and a lower credit-loss provision.