Origination

A father and son were sentenced in Newark, N.J., federal court for running a fraudulent foreclosure rescue company that obtained $4.4 million in mortgage loans.

Data indicate atypical economic conditions at the local and national level will lead to atypical new delinquency rates that are bound to slow down the housing market recovery during the rest of 2013.

EPR Properties has priced a $275 million debt offering at an interest rate of 5.250%. The senior notes are due in 2023.

Many American Indian reservations are mortgage deserts, with lenders avoiding them like the plague because of difficulties over land status, persistent poverty, and lack of lending infrastructure.

Gladstone Commercial Corp., McLean, Va., has hired Gladstone Securities LLC to be its non-exclusive agent to assist in arranging mortgage financing for its properties.

Home prices in Texas have recovered from the housing downturn as they are now 7% above the pre-recession peak recorded in the fourth quarter of 2007.

For the most part, qualified mortgage/Ability-to-Repay guidelines should provide a level of compliance certainty. But are they still too severe?

The amendment provides certain exceptions to this Dodd-Frank requirement that loan originator compensation be included in the total permissible points and fees for both Qualified Mortgages and high-cost loans.

Homeowners are “under paper” and unable to close on a home sale or refi transaction because a mortgage satisfaction has never been recorded in the public records.

A Mortgage Grapevine post is titled “Brokers are going to rule once again!,” where a poster says that with mini-correspondent and jumbo lending programs, the Wall St. conduits will need loans.