Origination

Pacific Trust Bank has completed its first series of transactions as an approved issuer of Ginnie Mae mortgage-backed securities.

U.S. mortgage lending increased by 38% in 2012, driven by refinancings.

The man who operated one of the largest bank frauds in Virginia’s history that affected borrowers, employees, investors and the nearby community has been sentenced to 17 years in federal prison.

The new loan is with JPMorgan Chase Bank NA with a balance of $950 million.

Hilton Worldwide’s mega-commercial mortgage-backed securitization weighs in at $3.5 billion, making it the largest CMBS since the credit crisis.

NorthStar Healthcare Income has purchased the portion of an $11.25 million loan secured by a senior health care facility located in California.

The arrangement lets LendingQB users generate disclosures and closing documents through IDS without leaving the system.

Refinance mortgage application volume increased 18% for the week ended Sept. 13, just one week after activity sunk to its lowest level since June 2009.

Construction work began on 3% more single-family housing units nationwide in August than the prior month.

We're hearing that in the wake of the rate volatility seen this year, technology advances have made pipeline risk easier to manage when it comes to placing loans in the secondary market.