Origination

A steep drop in refinances and declining purchase activity are taking a toll on Federal Housing Administration endorsements.

A floating-rate loan on the Fountainebleau Miami Beach backs the single-asset commercial mortgage-backed securities deal, according to a Standard & Poor’s presale report.

If current trends persist, the delinquency rate of securitized commercial mortgage loans could fall another two percentage points to below 4% by December 2014, according to Fitch Ratings.

FCI Lender Services' Gordon Albrecht has long focused on areas mainstream players eschew, and right now he is helping servicers manage liabilities and costs intensified by Jan. 10's regulatory deadline.

Loan officers won’t be looking for leads as much as sophisticated technological support and the tools needed to be successful from their lenders.

Thomas Provenzano, foreclosure, Department of Justice

The unit is being created to help servicers comply with the Consumer Financial Protection Bureau’s new mandates.

The parent of PrimeLending makes a 50% stock/50% cash bid for the 76% of SWS it doesn’t own.

Now that Jan. 10 has arrived with its many new regulations, some loan officers are thinking about whether they should stay in the mortgage business. There are other issues, however, that they should be thinking about as well.