Origination

Former Washington Mutual chief Kerry Killinger and two other bank officials are talking with the Office of the Comptroller of the Currency, the last chapter in the government’s probe into the financial institution's collapse.

The federal agency has launched new programs to facilitate public-private financing that will help boost “green” multifamily building development.

Appreciation will slow going forward as seasonal factors come into play.

For the second time in 2013, Charles Head was convicted by a federal jury in the Eastern District of California for operating a major mortgage fraud scheme.

The product is available in 10 states on conforming, owner-occupied loans with a maximum $300,000 purchase price, a 5% downpayment and a minimum 750 Fair Isaac & Co. credit score.

The National Fair Housing Alliance has accused big banks of discriminating against minorities in the upkeep of foreclosed properties and is seeking millions in settlements—mostly for itself. Behind its demands are faulty data and grants overseen by a federal official with close ties to the group.

New policies spell out "business interactions" between mortgage insurers and servicers.

Since the fall of 2011, national property values are up 17%. But in November, quarterly growth was 1.8%, down from the previous quarter’s 3.3% uptick.

The pass-through deal consists of beneficial interests in a three-year loan, floating-rate loan that has two one-year extension options, according to Fitch. Five mall properties cross-collateralize the mortgage.