Origination

American Realty Capital Properties has withdrawn its $9.7 billion proposal, including assumption of debt, to acquire Cole Credit Property Trust III.

Jurors in a Riverside County, Calif., courtroom convicted Hendrix Montecastro and his mother, Helen Pedrino, on hundreds of felony charges.

We're hearing about remorse mortgages. I mean reverse mortgages.

Despite the absence of precise data, it is well understood that the number of failed new home developments is significant.

Fiserv has partnered with ChannelNet to offer borrowers the same multifaceted self-service website opportunity it has so far provided to lenders.

The Federal Housing Finance Agency said that the Home Affordable Refinance Program will be extended by two years to last through 2015.

Small and medium commercial and savings banks trimmed their originations of FHA and jumbo loans in 2012 and increased their production of conforming mortgages.

The average rate for a 30-year fixed-rate mortgage fell again, but more steeply than before.

With the average time for lenders to repossess a housing unit up to a record 477 days nationwide, the fewest properties were foreclosed upon during the first quarter of 2013 in nearly six years.

An estimated 81,351 homeowners received a permanent loan modification in February.