Origination

A building containing Macy’s corporate headquarters secures the loan collateralizing the $450 million commercial mortgage-backed securitization.

Investors are anticipating the Federal Reserve to start its taper program soon and that impacted interest rates during a short week.

There was strong homebuyer demand in all four regions tracked in a government report, surprising many economists who had predicted a slight decline overall.

Independent mortgage bankers’ net income declined 60 basis points between the second and third quarters, Richey May data show. Some penny pinching is in order.

While year-to-year volume is flat, thousands of mortgages have been made on Native homelands in recent years, compared to dozens twenty years ago.

Just a little something that loan officers can hand out to real estate agents during the holiday season.

Investors pay a premium for these Ginnie Mae securities, a Walter Investment Management executive says.

The percentage of U.S. commercial real estate loans that are 30 or more days late has dropped 268 basis points since reaching an all-time high of 10.3% in the summer of 2012.

The rapid increase in originations may be the problem. New-issue commercial mortgage-backed securities could total $87 billion in 2013, up 81% from 2012's $48 billion.

The purchases in the fifth transaction this year created out of prime-jumbo U.S. home loans represent a switch from REITs’ typical strategy of acquiring just the highest-yielding slices in such deals.