Originations

It took two loan modifications to drive down the delinquency rate of securitized commercial mortgage loans in February and keep rolling a nine month trend of steady improvement.

The spring thaw has reached all the way down to the South Florida market, where construction lenders are once again starting to show an appetite for condominiums.

Citing fairness issues, three civil rights groups are calling for revisions of how the Federal Emergency Management Agency delivers housing assistance.

Consumers who were deceived by an operation where scammers posed as a government mortgage assistance program and charged an upfront fee for fraudulent mortgage relief services will soon be receiving reimbursement from this scheme.

Members of the Mortgage Insurance Cos. of America assisted in $8.8 billion of Home Affordable Refinance Program and other refinance workouts in the fourth quarter.

Talmer Bancorp hired Michael Maher as executive managing director and chief financial officer of mortgage banking.

Mortgage companies cut their payrolls by 2,000 full-time employees in January after hiring 2,700 in December.

MGIC Investment Corp. ended Thursday’s trading session down 12.48%, as investors reacted negatively to the pricing of the company’s equity and debt offerings.

The Eastridge Group of Staffing Cos. has launched its new division, RFS, short for real estate and financial staffing.

Michael Wilkerson recruited some of congregants to be straw buyers.

Genworth U.S. Mortgage Insurance has created a rate and comparison tool for loan officers.

A $324.4 million large-loan commercial mortgage-backed securities deal backed by a mall in Valley Stream, N.Y., is coming to market.

Radian Guaranty’s inventory of delinquent loans declined by 1,375 units in February.

A broker has posted on the Mortgage Grapevine that they need hard-money financing for a property on the big island of Hawaii.

Liquidations of vintage securitized commercial mortgage loans continue to represent the highest severity losses in a market that is otherwise stabilizing.

A new study reaffirms and quantifies the long-term effect of prepurchase housing education.

MGIC Investment Corp. priced its 135 million share common stock offering at $5.15 per share.

Vericrest Financial appointed Joe Anderson chairman and chief executive officer, effective immediately.

Residential real estate markets strengthened in nearly all 12 Federal Reserve districts and home prices rose amid falling inventories across much of the country.