Origination

Grand Bank has agreed to sell its wholesale mortgage banking division, ICON Residential.

Borrowers in 900 communities in 48 states will continue to have access to Rural Housing Service-backed single-family loans for at least another six months.

Mortgage REIT Redwood Trust is ready to hit the market with yet another new jumbo deal.

Probably more than 200 people per week are being indicted and/or convicted nationwide for mortgage fraud.

The 2012 Top Tech-Savvy Lenders and Servicers have voted and Mortgage Technology is pleased to announce the finalists for the first-ever Lenders’ Choice Award.

Lehman Brothers Holdings Inc., whose $22 billion purchase of Archstone Inc. at the height of the property boom helped sink the bank, is now trying to sell the apartment owner at another peak.

Retail Properties of America said its shareholders should reject a mini-tender offer from Lapis Investment Business Trust to purchase up to 100,000 shares from each class of the company’s common stock for $8.25 per share.

Freddie Mac’s latest rate survey bears out earlier accounts this week showing long-term mortgage rates have dropped notably in the wake of the Federal Reserve’s third round of quantitative easing.

In the nearly four months since its launch, Bellwether Enterprise Real Estate Capital has originated $421 million in commercial real estate loans.

Nationstar Mortgage priced yet another offering of senior notes—this one for $100 million.