Origination

Mortgage real estate investment trust Five Oaks Investment Corp., New York, has priced its initial public offering of 4,033,333 shares of common stock at $15 per share.

Real estate appraisal services provider IRR-Residential, in the wake of a restructuring and spin-off from Integra Realty Resources, has changed its name to Accurity Valuation.

Florida’s housing market, often described as the nation’s real estate microcosms, is posting improvements in home values, inventory and sales that indicate the recovery is taking hold.

A growing scarcity of well-located finished lots for builders could temporarily put a damper on new home construction momentum, according to a Fitch report.

The safest bet is to put plans in place that avoid strong incentives to steer a customer to a less appropriate loan.

FHA lenders originated $51.8 billion in purchase mortgage loans during the first four months of fiscal year 2013, compared to $39.5 billion during the same period in FY 2012.

Life company commercial mortgage investments had a return of 7.48% for all of 2012, including 1.85% in the fourth quarter, according to the LifeComps Commercial Mortgage Loan Index.

Mortgage bankers are not too worried about a new housing bubble forming as national real estate values rise by 10% per year.

Kent Conrad, the former Democratic U.S. Senator from North Dakota, has joined the board of Genworth Financial.

The new mortgage banking company that KB Home and Nationstar Mortgage LLC are forming should be up and running by the end of this year.