Origination

Fitch is registering some concern about what it describes as a “very rapid rise” in the number of U.S. large-loan commercial mortgage-backed securities deals in recent months.

Homebuilder NVR Inc. reported higher sales and new orders in the first quarter along with a 40% jump in mortgage banking income from year ago.

This enforcement action serves as an important lesson to lenders who enter into marketing agreements with builders, title companies and Realtors.

Some mortgage technology and software providers are seeing increased demand for Software as a Service solutions in the foreclosure-to-rent marketplace.

JPMorgan will issue $505 million of notes backed by the beneficial interests in a pool of four commercial mortgage loans backed by 82 properties.

Only two of the 17 Mortgage Industry Equity Composite stocks closed lower on Friday.

The National Multi Housing Council’s equity financing index remained at 56, unchanged from the previous two quarters.

The California National Mortgage Settlement Grant Program will provide $9.4 million to 21 organizations to assist state residents affected by the foreclosure crisis.

The Consumer Financial Protection Bureau has its own page on Facebook and it has a Twitter account as well.

Fitch Ratings is urging publicly traded homebuilders to exercise restraint in grabbing up land for future development.