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PennyMacs first jumbo mortgage-backed securities deal in its planned form does not have a master servicer, unlike previous deals in the space.
September 20 -
A study of the investment portfolio of 34 life insurance groups by Fitch Ratings found they have made a modest allocation shift into less liquid assets, including commercial mortgage loans.
September 20 -
The Boston City Council unanimously passed a bill aimed at improving banking practices in low- and moderate-income neighborhoods, including those related to mortgage lending and foreclosure prevention.
September 20 -
A DocuTech executive advises preparing for a pronounced decrease in volumes as well as new regulations when January hits.
September 20 -
Self-Help Federal Credit Union has officially reopened the failed thrift in conjunction with Chicago's Resurrection Project.
September 20 -
Cardinal Financial Corp. said it has experienced a 40% decline in mortgage originations in 3Q13 when compared with the second quarter because of rising interest rates affecting the refinance business.
September 20 -
MortgageDashboard introduced a new version of its mortgage software that creates simplicity for lenders when it comes to originating loans.
September 20 -
There is now a 100 mile restriction for where loan officers can work from.
September 20 -
Citigroup and Goldman Sachs priced an offering of $989.54 million of commercial mortgage-backed securities.
September 19 -
Madison Realty Corp. said the final closing of its Sullivan Debt Fund LP brought in $350 million in capital commitments.
September 19



