Origination

Today’s homebuyers are spending a higher percentage of their income on a property than they did during the pre-boom period.

Gleacher & Co. said it is closing its MBS and rates, and credit product businesses effective immediately.

Applications for conventional purchase mortgages reached their highest point since October 2009.

According to the Lender Processing Services Mortgage Monitor report, approximately 500,000 loans cured in February alone.

Fannie Mae and Freddie Mac seller/servicers completed nearly 97,600 Home Affordable Refinancing Program refinancings in January, up 28% from the prior month.

Nine of the 17 Mortgage Industry Equity Composite Stocks Ended Tuesday's trading lower.

Ron Johnson's failure at J.C. Penney does have a lesson for mortgage marketers.

Starwood Property Trust Inc. has priced a 26.5 million share offering of its common stock for gross proceeds of $732.5 million.

Phillips Edison-ARC Shopping Center REIT has acquired a portfolio of two retail real estate assets in Florida.

Hudson Realty Capital has funded a $16 million first-mortgage loan for a newly constructed, vacant multifamily property in Brooklyn.