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CMBS loans that are at least 30 or more days late in payment or in foreclosure jumped 12 basis points month-over-month to 10.16%, surpassing the previous record-high in May.

House prices rose 1.8% in May as the CoreLogic house price index registered its third consecutive monthly increase this spring, and its new pending HPI is indicating that prices will rise another 1.4% from May to June.

EverBank Financial Corp. is buying Business Property Lending Inc. from GE Capital Real Estate North America for $2.51 billion cash.

First Guaranty Mortgage Corp. has begun rolling out 203k home rehabilitation loans to National Association of Real Estate Brokers working with clients in urban communities that have been impacted by the ongoing mortgage crisis.

For those lenders who decide not to pay the penalty under the new healthcare law, and instead provide insurance there are certain practical realities to consider.

The nomination deadline for the 2012 Mortgage Technology Awards has been extended until 12 p.m. EDT Tuesday, July 10.

David H. Stevens, the president and chief executive of the Mortgage Bankers Association, will remain at the trade group rather than departing to run SunTrust Mortgage, as he announced plans to do a month ago.

In an effort to elevate tourism as an economic tool, Virginia has named the first project to benefit from its new tourism-related financing program.

Congress has passed a five-year extension of the National Flood Insurance Program along with substantial reforms that will raise premiums to improve the financial condition of the program.

The appraisal independence requirements within the Dodd-Frank Act go a long way to shedding more light onto an issue that needs to be solved, but it doesn’t go quite far enough.