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Updated: 56 min 6 sec ago
The Obama administration is building off its energy conservation efforts within the commercial building space by launching a program that hopes to foster energy conservation initiatives at apartment buildings and condominiums.
Foreclosure diversion programs are popular in Pennsylvania, but one local lawyer says lenders and servicers need to change their game when partaking in this process due to its inherently clunky and unpredictable nature.
Multifamily lender Walker & Dunlop opened its 21st office in Phoenix, Ariz., this week. The location will focus on originating commercial real estate debt and equity throughout the United States for all types of income-producing properties.
Real estate investment trust Invesco Mortgage Capital increased its play in the residential mortgage-backed securities sector by acquiring an interest in a securitized pool of prime residential mortgages with an unpaid principal balance of $300 million.
As more inventory hits the housing market and buyers rebel against rising home prices, the real estate market is likely to shift from seller dominance to one that is more counterbalanced by buyer reluctance to acquire homes deemed too expensive.
The delinquency rates for commercial and multifamily mortgages continued to fall in the third quarter, new data from the Mortgage Bankers Association claims.
Mortgage insurers continue writing new business, with members of the Mortgage Insurance Companies of America reporting $8.71 billion in new primary mortgage insurance volume for the month of October.
Consumers are still wading through the lingering effects of the financial crisis. Despite loosening lending standards, they lack the confidence to buy, leaving the housing market in an ambiguous state.
U.S. Senators pushed back this week, asking HUD and the Treasury Secretary to stand up against eminent domain proposals. The aggressive steps of authorities in Richmond, Calif., forced their hand.
The HW 30 took a dive on the Monday after Thanksgiving. Despite relatively positive construction spending data, homebuilders sank on HousingWire's exclusive index of mortgage finance and housing starts.
The mortgage consolidation trend continues with Wipro acquiring Opus CMC for $75 million as risk analysis and loan due diligence take center stage.
Property preservation and inspections firm Mortgage Contracting Services named Robert Colbeck chief technology officer this week.
Nonbank servicers handling student loans are now getting the same CFPB treatment given to nonbank firms in other parts of the economy. All of this is occurring as student loan debt becomes a major barrier to the housing recovery.
The Federal Housing Finance Agency launched a streamlined and revamped mortgage insurance master policy for both Fannie Mae and Freddie Mac this week.
The housing market’s dramatic summer growth is cooling down as homebuyers trek through a winter slowdown.
Compliance costs and falling mortgage production plague independent mortgage bankers. The end result may be looming job cuts in 2014.
Freddie Mac managed to get another reps and warrants case against a mega lender behind it on Monday, announcing a $404 million deal with Bank of America over misrepresentations the lender allegedly made on loans sold off to the government-sponsored enterprise.
States across the nation continue dealing with ongoing housing issues. While New Jersey has almost dried up its foreclosure prevention money supply, Kansas is fighting an unpopular mortgage-related tax.