Originations

ING Real Estate Finance has promoted Michael Shields to managing director and head of ING Real Estate Finance for the Americas. In his new role, Shields is responsible for management of the company's $6.7 billion real estate loan portfolio in the Americas, which consists of term loans, construction loans and subordinate debt, as well as for growing that portfolio.

HUD is forecasting that the Federal Housing Administration will endorse $288.7 billion of single-family loans in fiscal year 2011, a 9.4% decline from FY 2010, which ended September 30.

Chatham Lodging Trust, a hotel real estate investment trust based in Palm Beach, Fla., has cancelled a public offering of 7 million common shares.

The changes to the good faith estimate have increased the turnaround time between application and approval and thus negatively affected consumer satisfaction with mortgage originators, the annual J.D. Powers study found.

The first rise in average mortgage rates seen in eight weeks has been more pronounced for longer-term loans, Freddie Mac said Thursday morning, as the rate-indicative 10-year Treasury yield rose once again.

Existing homes sales fell for the fourth consecutive month in the Houston area in October, the local Realtor group reported.

MacDonald Dettwiler and Associates agreed to sell its property information business to TPG, a San Francisco-based private equity firm, for $850 million.

You might see yourself as only one of a million people who are knowledgeable in a particular area, but your friends, family and colleagues may see you as the reigning expert on the subject, the go-to guy or gal with the answers.

Hudson & Marshall will auction 400 REO properties during a three-day event in Atlanta this week.

An 18 basis point rise in rates for 30-year fixed-rate mortgages resulted in a decline in mortgage application volume of 14.4% last week on a seasonally adjusted basis, according to new figures released by the Mortgage Bankers Association. The data was not adjusted for Veterans Day.

Home prices fell 1.1% in September after falling 1.2% in August, according to the just released CoreLogic house price index.

It's not easy being a mortgage loan officer these days. Oh sure, loan volumes are increasing nicely because of the refinancing boom, but there's plenty to worry about, chief among them warehouse "dings" and future caps on compensation.

Historically low mortgage rates are a crucial component of record affordability for home buyers, but lack of confidence in the market and fear of further price declines are challenges that are outweighing that factor, Credit Suisse analysts wrote Wednesday.

Texas was a latecomer to the reverse mortgage game, with the product’s presence in the state now celebrating its 10th anniversary of the first loan being originated.

The Dodd-Frank bill has "eroded" the benefits of the federal thrift charter and it's unclear if existing institutions will "prosper" under the supervision of the Office of Comptroller of the Currency, according to the current thrift regulator.

I know that may sound like a strange title but stay with me, OK? This morning like every morning I looked at my horoscope in the paper. By the way I am a Virgo. Today’s reads “Multi- tasking is the only way you can be sure of accomplishing your goals.”

With the successful completion of its payment assistance plan for home buyers who are laid off from their jobs, the California Association of Realtors has launched a new program, this one paid for by sellers.

Ft. Lauderdale may be Florida's diamond in the rough. Or maybe you could call it the Sunshine State's lone bright spot.

Real estate investment trust Annaly Capital Management Inc. has formed a subsidiary that plans to provide warehouse financing and other origination services starting in the first quarter of next year.

Remington Capital, a Scottsdale, Ariz.-based commercial real estate lender and consulting firm, is adding staff in anticipation of increased demand.