Originations

A pair of investors unhappy with a proposed equity offering/debt tender made by CommonWealth REIT have filed suit in a Maryland state court.

The Voice of Reason first made a post on the Mortgage Grapevine asking “Would you tell a family member not to buy a home right now?”

The House Financial Services Committee will schedule hearings on the regulation of Fannie Mae and Freddie Mac and the competitive advantages FHA has over private insurers.

The National Association of Realtors’ leading indicator of future existing home sales rose 4.5% in January to the highest level in nearly three years.

Mortgage lending standards are very tight today and the newly finalized qualified mortgage rule is not designed to make it tighter.

Mortgage lender and servicer New American Funding has chosen Ellie Mae’s mortgage management system.

Mortgage application volume declined for the third consecutive week, but one observer seems not to be concerned.

While the Bipartisan Housing Commission produced a long-range plan for reshaping the housing finance system, it also called attention to more immediate issues that need to be addressed by regulators.

A former member of the rock band KISS is facing mortgage trouble on his upstate New York home.

Supported by good news involving new home sales, the stock market rallied with 14 of the 17 member stocks of the Mortgage Industry Equity Composite ending the day ahead of their Monday close.

Real Estate Mortgage Network’s chief executive said he had his best year in the mortgage industry in 2012, but believes that 2013 could be even better. Credit: ThinkStock.

Beech Street Capital closed a $15 million Fannie Mae delegated underwriting and servicing loan to refinance a Texas apartment portfolio.

The uncertainty regarding Italy following parliamentary elections is being cited by an executive at Zillow Mortgage Marketplace for the six basis point decline in the 30-year fixed-rate mortgage compared with last week.

NewDay USA has established a tax-exempt private foundation to provide grants and charitable contributions to nonprofit organizations that support veterans, active-duty service members and military families.

Home equity lending remains miles away from returning to growth mode.

Herman Thordsen has put up a post about the new California foreclosure laws.

Bliss Sawyer created a marketing piece to use when she speaks at the local Board of Realtors.

Mortgage fraud risk through the end of 2012 is at its highest level in three years.

New-home sales jumped nearly 16% in January to a level not seen since the summer of 2008.