Origination

Fitch did note that while multifamily starts were down in June, the residential numbers were better.

Ares Commercial Real Estate Corp. has gotten an increase in its Citigroup revolving funding facility to $125 million from $86.2 million.

New business practices mandated by regulators in an effort to reform the primary mortgage servicer market appear to have leveled off large versus small bank differences in customer satisfaction.

Astoria Financial Corp. reported net income of $12.8 million in 2Q13, similar to its earnings for the same period in 2012.

At least $238 million of the more than $575 million that was raised for Sandy relief had not been spent as of April of this year.

Averaged over the course of the week ending July 18, the 30-year mortgage rate tracked by Freddie Mac dropped 14 basis points to 4.37%.

Raj Date estimates that nonqualified mortgages make up as much as $1.5 trillion of the $10 trillion home-loan market.

For those who do use social media, they have to decide where they are going to get the best return on their efforts.

Fay Servicing has developed an employee training program that focuses on borrower management skills and teaches new hires how to foster close relationships with mortgage borrowers.

Travis Armstrong has high credit score, but because he owes more than his home is worth and has a private-label loan, he’s stuck paying 7.5% interest.