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Average daily volume in the CMBS market in December is down versus November, according to data reported by the Financial Industry Regulatory Authority's Trade Reporting and Compliance Engine or TRACE.
December 27 -
With most of your loan production now in the books for 2011, you have a pretty good idea what you will earn this year. If your income exceeds $100,000, congratulations - you'll make more than 90% of all working Americans. If you take home over $200,000, you are in the top 5% of all wage earners nationwide.
December 27 -
Most thrift holding companies will get a two-year phase in period for following Federal Reserve Board reporting requirements while others will initially be exempted, the central bank said Friday.
December 27 -
The Chickasaw Nation of Oklahoma’s tribal mortgage program has passed $100 million in originations through more than 1,000 loans, a number unthinkable even a dozen years ago.
December 27 -
Ally Financial revealed during an earnings call last month that it was trimming its correspondent lending unit while laying off an untold number of workers to manage mortgage risk that has damaged its financials.
December 27 -
Happy holidays to everybody. In looking for some words of wisdom I could pass along to everyone about how to make their 2012 a success, I came across an article written by Canadian business consultant Andrew Miller.
December 27
National Mortgage News -
House prices fell 1.2% in October after falling 0.7% in September according to new figures released by Standard & Poor's Tuesday morning.
December 27 -
Developers at six newly proposed condominium towers in the tri-county South Florida region have signed more than 500 pre-construction sales contracts and reservations, an indication that the market there has returned in a big way.
December 27 -
Nearly four out of every ten homes sold in 2011 have been purchased for cash on the barrelhead, according to a preliminary count by Housing Intelligence.
December 27 -
Post Properties Inc., an Atlanta-based real estate investment trust, has prepaid six multi-family mortgage loans held by Freddie Mac and will record a $7 million loss on the transaction.
December 27





