Origination

Investors had a strong negative reaction to Newcastle Investment Corp. in the wake of the real estate investment trust’s upsizing and pricing of its public offering of 35 million shares of its common stock.

Only two of the 17 Mortgage Industry Equity Composite members closed higher on Wednesday, another down day for the markets as a whole.

Although 19.8% of all residential properties with a mortgage still were in negative equity positions during the first quarter, this represented a decline from 21.7% at the end of the fourth quarter of 2012.

Just because you do not like the answer from your loan officer does not mean that the answer is wrong.

Accelerate banking caters to Generation X focusing on a mindset aligned with the demands of new entrepreneurs looking for untraditional, stronger banking relationships and faster decision-making opportunities.

A study found that real estate agents and rental housing providers recommend and show fewer available homes to minority families than equally qualified whites.

The House of Representatives has passed a bill to give the Federal Housing Administration new powers to regulate its reverse mortgage program via mortgagee letter.

Mortgage lender loanDepot.com LLC has opened its co-headquarters office in the Dallas suburb of Plano.

The former president and chief executive officer of U.S. Mortgage, a loan servicing company based in Nevada, pleaded guilty for his role in a scheme to defraud Wells Fargo of more than $8 million.

Lennar Corp. received an increase in its unsecured revolving credit facility to $950 million, plus it was able to extend the maturity date to June 2017.