Origination

Fitch said Thursday it sees little risk of a negative rating impact on CMBS from the closure of 100 to 120 unspecified Sears and Kmart stores across the U.S., but noted there is some exposure in the commercial mortgage-backed securities universe to the concern.

Consumers are having a tough time qualifying for a mortgage these days, and even a federal program designed to provide financing for low- and moderate-income borrowers is winnowing out applicants with low credit scores.

The fourth of 20 high-rise condominiums planned for the tri-county South Florida market is now in the ground.

The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to implement a congressionally mandated increase in their loan guarantee fees on April 1.

A leading indicator of future home sales jumped 7.3% in the month ofNovember to its highest level in over 19 months, according to theNational Association of Realtors.

Training offered recently by mortgage insurer Radian has focused on topics ranging from the Uniform Appraisal Dataset and reading tax returns for self-employed borrowers to detecting fraud in loan documents, according to Kelli Brookman, director of national training.

The days of consumers driving around town to price-shop are fading fast. They still may be out and about while comparing prices, but they are doing so on their smartphones and other mobile devices.

Insight Lending Solutions, the developer of the PriceMyLoan automated underwriting system and pricing engine, has relaunched and rebranded its loan origination system.

A fourth quarter ranking of the best single-family rental markets for investment indicates half of the top 10 areas can be found in the Sunshine State.

The Federal Housing Administration has suspended its anti-flipping rules for another year to facilitate the financing and sales of newly renovated foreclosed properties.