Banking

Rather than just focusing on the deals that are in front of you, take time each day to work on business you want in six to 12 months.

The amount of commercial and multifamily mortgage debt outstanding grew during the fourth quarter at the highest rate seen since 2007, surpassing the record high posted in the previous quarter, according to figures released by the Mortgage Bankers Association.

Fortress Investment Group plans to cash out its entire stake in commercial mortgage banker Walker & Dunlop.

Lending groups are demanding the Consumer Financial Protection Bureau take down its mortgage rate calculator, arguing it is providing misleading information to consumers.

The Federal Agricultural Mortgage Corp.'s earnings fell in the fourth quarter to $8.9 million, down from $13.4 million during the same period in 2013.

A recent Supreme Court decision means that one exemption to the Fair Labor Standards Act does not apply to mortgage salespeople, but their employers might still be able to take advantage of other exemptions.

Origination News and National Mortgage News are pleased to begin accepting submissions for the 2015 Top Producers, an annual ranking of mortgage loan officer and broker origination volume.

The Federal Reserve will not raise rates in June, while mortgage rates could fall this year as the dollar gets stronger and oil prices remain low, mortgage industry consultant Barry Habib said at a mortgage conference.

Bondholders in CMBS with exposure to Macerich Co. would be wise to watch how Simon Property Group's $22.4 billion bid for the mall operator unfolds.

KeyCorp has been getting back into full-scale residential lending as part of a broader strategy to deepen client relationships. The market's shift toward purchase activity and defined mortgage rules also played a role.

CertusHoldings in Greenville, S.C., has agreed to sell its small business finance unit to BankUnited in Miami Lakes, Fla.

Nonbank mortgage lenders cut 6,000 jobs in January, erasing four months of job growth in the sector, the Bureau of Labor Statistics said Friday.

Farmer Mac and Conterra Asset Management have launched a joint venture offering agriculture appraisal services nationwide.

There are better ways of picking an originator to work with than just looking at a price comparison tool.

Weaker appreciation in the low end of the housing market, combined with higher costs to originate mortgages tied to new regulatory compliance obligations, make smaller loans less attractive for lenders.

Wells Fargo priced $927 million of commercial mortgage securities via its Wells Fargo Commercial Mortgage Trust 2015-C27 series, according to a pricing document.

Homebuilding company TRI Pointe Group and nonbank national retail mortgage lender imortgage have partnered to create a new origination business.

Mortgage applications were up slightly for the week ending Feb. 27 as refinance activity was up but there were fewer purchases, according to the Mortgage Bankers Association.

Total revenue fell for Stonegate Mortgage Corp. in the fourth quarter as lower interest rates and a flattened yield curve hit interest income.

CIT's John Thain and OneWest's James Otting, scheduled to speak today at a public hearing on their $3.4 billion M&A deal, will face complaints from community activists that they owe the public more after receiving substantial government help during the financial crisis.