Origination

Davis + Henderson Corp. named former board member William Neville as president of D+H USA and head of the company’s U.S.-based Mortgagebot operation.

Commercial real estate finance company iStar Financial has obtained a $1.82 billion senior secured credit facility.

Real estate investment trusts that invest in mortgage debt have lost about 6% of their value in the past week.

PNC Financial Services Group said earnings from its mortgage banking business rebounded in the third quarter due to higher single-family originations and much lower provisioning for mortgage repurchase demands.

Nearly 76,000 homeowners received permanent, affordable loan modifications from mortgage servicers in August.

PennyMac, a publicly traded REIT, may soon be extending warehouse lines of credit to nonbank originators.

Mortgages backed by the Veterans Administration are on a tear.

Citigroup CEO Vikram Pandit is out as CEO of the nation's fifth large mortgage lender.

Shellpoint Partners filed a shelf registration with the Securities and Exchange Commission to issue nonagency mortgage-backed securities.

A California state agency has redesigned a residential program to fund green upgrades for commercial buildings.