Mortgages

December home sales in Southern California reached their highest mark in three years.

Commercial real estate finance firm Walker & Dunlop closed over $250,000 in financing for age-restricted properties last year.

Taking the opportunity to ask for a referral when you send out tax statements.

Walter Investment Management Corp. is looking for a $475 million incremental financing facility to pay the initial installments on the $93 billion Fannie Mae mortgage servicing rights portfolio it is buying from Bank of America.

It’s becoming clear that investments based on the backlog of discount assets won’t last forever and investors need to be prepared for it.

Greystone is continuing expanding with moves to grow it on the West Coast that will be led by a member of its senior management staff.

Synovus Financial Corp. settled a shareholder lawsuit over more than $200 million in bad loans to Georgia luxury resort Sea Island Co.

A poster on the Mortgage Grapevine board actually asks two questions about the Home Affordable Refinance Program.

The Federal Housing Administration is gearing up for another nonperforming note sale with a bid date scheduled for March 13.

At the peak of the real estate downturn, 12 million borrowers were underwater, blocking them from moving or saving money by taking advantage of the lowest borrowing costs on record to refinance.

First and second mortgage default rates were “the principal culprits” to an eight basis point monthly increase of the December 2012 National Consumer Credit Default Indices.

Homebuilder Lennar Corp.’s fiscal fourth-quarter earnings thrived as the housing market continues on its road to recovery.

The Federal Deposit Insurance Corp. has approved a final rule that imposes new appraisal requirements on lenders in mortgage transactions where the homebuyer is being charged a higher-than-normal mortgage rate.

At first glance the Charlotte market seems like the wrong target for home construction.

California home sales in December increased 0.8% from November and 0.9% from December 2011 aided by consumers looking to act before the fiscal cliff.

Farmer Mac has priced a preferred stock offering which will raise $60 million in Tier 1 capital.

Carrington Mortgage Services plans to begin offering the Federal Housing Administration’s streamline 203(k) loans through its retail business as well as a brokered product.

As the winter months take hold in which home prices are known to plummet, the cold weather has so far not dampened prices.

Concerns are growing that Fannie Mae and Freddie Mac are rethinking their loan buyback policies in light of the qualified mortgage rule that the Consumer Financial Protection Bureau issued last week.

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