Mortgages

Among the challenges in disbursing recovery funds efficiently in the wake of Hurricane Sandy have been multiple lender insurance policies.

The new loan is with JPMorgan Chase Bank NA with a balance of $950 million.

Hilton Worldwide’s mega-commercial mortgage-backed securitization weighs in at $3.5 billion, making it the largest CMBS since the credit crisis.

NorthStar Healthcare Income has purchased the portion of an $11.25 million loan secured by a senior health care facility located in California.

Fannie Mae overpaid its servicers by roughly $89 million last year due to errors made during a manual review by a third-party vendor.

The arrangement lets LendingQB users generate disclosures and closing documents through IDS without leaving the system.

MountainView Servicing Group is marketing two mortgage servicing rights portfolios from unrelated, unidentified sellers, with a combined total unpaid principal balance of about $2.1 billion.

Refinance mortgage application volume increased 18% for the week ended Sept. 13, just one week after activity sunk to its lowest level since June 2009.

Construction work began on 3% more single-family housing units nationwide in August than the prior month.

We're hearing that in the wake of the rate volatility seen this year, technology advances have made pipeline risk easier to manage when it comes to placing loans in the secondary market.

Lowe’s has donated $2 million to Rebuilding Together in order to help the organization complete critical home repairs for low-income families nationwide.

Updated features include a new user interface and corporate branding functions.

No apparent worries about rates as 15 of 17 Mortgage Industry Equity Composite stocks closed higher.

The California Association of Realtors added sales of condominiums and townhomes were up 8% over last August and 5% so far this year when compared with last.

Casa Casuarina, the 10-bedroom Miami Beach mansion where fashion designer Gianni Versace was shot and killed, sold at an auction for $41.5 million.

A California thrift's experience with mortgage servicing could give banks a reason to reconsider plans to ditch the business despite concerns about new regulations.

Bliss Sawyer will be using these on all of her promotional items that don't currently have her contact info.

Fewer consumers defaulted on their first mortgages in August compared to the previous month, but the same positive news did not occur for second mortgages.

JCF Real Estate has acquired a portfolio of multifamily bank-owned properties in Illinois and Wisconsin.

Wells Fargo and RBS priced the $930.8 million commercial mortgage-backed security known as WFRBS 2013-C16.