Origination

Chicago convention managers and Mayor Rahm Emanuel advanced plans for a new arena and makeover of Navy Pier, the city’s top tourist attraction.

Goldman Sachs, Citigroup and Jefferies priced the $1.1 billion CMBS deal called GS Mortgage Securities Trust 2013-GCJ12.

Walker & Dunlop Inc. said that Brian Casey will join its proprietary capital group on May 23.

New compliance requirements don’t typically inspire the most innovative technology enhancements in the mortgage industry. But the upcoming overhaul of borrower disclosure forms has created an opportunity to re-engineer the way lenders and title companies execute mortgage closings, according to Document Systems Inc. CEO Dominic Iannitti.

In the past two years, 85% of Hispanics were engaged in online banking, compared to 74% of all U.S. households.

After acquiring JPMorgan Chase’s Melbourne, Fla., servicing shop earlier this year, Wingspan Portfolio Advisors is now expanding the functions this facility will provide.

Analysts at Keefe, Bruyette & Woods believe fears about a Federal Reserve Board exit from its mortgage-backed securities holdings in the near future are overdone.

The Department of Housing and Urban Development is coming under pressure from House Republicans to issue a policy that would ban the Federal Housing Administration from refinancing any loans that have been seized by a county via eminent domain.

Flagstar Bancorp said that its chief executive has stepped aside after just eight months in the post.

On May 8, four men were convicted in a California court of defrauding hundreds of victims in a real estate scam that included fraudulently collecting upfront fees for loan modification services.