Secondary

Commercial and multifamily mortgage originations fell 36% between 4Q12 and 1Q13, but were up 9% 1Q13 over 1Q12.

First Guaranty Mortgage Corp. appointed Amy Ellenburg as regional TPO manager, correspondent lending.

Old Data is dead, long live New Data.

Ridgewood Savings Bank is working toward also starting a correspondent channel.

Principal forgiveness on average is becoming more prevalent percentage-wise among top nonagency market participants.

JPMorgan Chase, Washington Mutual and Citigroup were sued by Integer Program LLC over $301 million in losses from mortgage loans.

Morgan Stanley and WMC Mortgage Corp. were sued by Seagull Point LLC over $476 million in losses from securitized mortgage loans.

Capital Trust Inc. will be changing its name to Blackstone Mortgage Trust Inc. on May 6.

Interactive Mortgage Advisors as exclusive broker for the seller is offering $50 million to $75 million per month of Fannie Mae or Freddie Mac monthly flow mortgage servicing rights.

Investors’ rekindled passion for sales of private mortgage securities is cooling.