Origination

Independent mortgage banks seeking to expand their servicing portfolios may find a new source of funding and private equity capital through Steadfast Capital.

With this acquisition, Wingspan expands the size of its company to approximately 2,000 employees.

For the week ended May 24, overall application volume fell 8.8% from the prior week on a seasonally adjusted basis.

Kroll Bond Rating Agency has released a presale report on a $1.4 billion commercial mortgage-backed securities deal in which some large split loans are or will be shared with other securitizations.

The 30-year fixed mortgage rate, according to Zillow mortgage marketplace, is currently 3.71%.

Prudential Mortgage Capital is the lender on a Manhattan apartment building deal.

New York Mortgage Trust plans to make a public offering of shares of its Series B cumulative redeemable preferred stock on the Nasdaq capital market.

LPS rises above the acquisition price and Fannie Mae closes above $4 per share.

The back of your business card is valuable marketing real estate, several sales training experts have noted over the years.

It is going to take an all-out effort by lenders to implement the new mortgage rules by next January.