Origination

There is some consensus that cash sales are historically high and likely to drop only gradually, but some figures put them closer to 40% than 50%.

The previously announced, all-cash transaction was financed through a combination of convertible debentures, equity and debt.

Knowing the Consumer Financial Protection Bureau’s roadmap can help companies avoid compliance deficiencies.

ING Real Estate Finance has agreed to sell 29 commercial real estate loans with an outstanding balance of $1.6 billion to Wells Fargo Bank NA.

Federal Reserve Bank of St. Louis President James Bullard said the current low pace of inflation wouldn’t ordinarily prompt the central bank to curtail stimulus.

Single-family housing starts fell 2% in July from the prior month as construction activity continues to lag expectations and the demand for new homes.

Estimates by Goldman Sachs Group researchers suggest more than half of all home purchases are done on a cash basis, or at least are financed to a far lesser degree than before the recent downturn.

The co-conspirators apparently have fled to Mexico.

Ellie Mae could still reward shareholders with a 26% gain after surging to a record last week.

The Mortgage Grapevine is discussing the news that the Obama administration exaggerated its mortgage fraud statistics.