Origination

Juan Velez, 60, of Waterford, Conn., pleaded guilty Friday to one count of bank fraud stemming from a mortgage fraud scheme.

It was a week of wild gyrations over if and when the Federal Reserve will end the stimulus program.

A scenario posted on the Mortgage Grapevine involves a $1.8 million loan secured by a multifamily property in Memphis.

A U.S. House subcommittee has approved an appropriations bill that includes cuts to federal spending for public housing and transit.

Amherst Securities Group has brought on UBS veteran Chris McDowell as part of an effort to expand its commercial real estate finance business.

The top regret for homeowners was that they wished they bought a bigger home.

First American Title Insurance Co. has opened a commercial real estate version of its myFirstAm Web portal.

The average rate for a 30-year fixed loan climbed to 3.93% earlier this week from 3.35% last month and the record low 3.31% reached in November.

When Howard Bluver took over as CEO and director of Suffolk Bancorp, the bank had a total book value of $81 million in nonperforming loans.

The Federal Housing Administration is revising its scorecard for rating servicers on their loss mitigation efforts and the agency is seeking one last round of comments on the changes.