Sometimes, we have to deliberately seek out the tiny glimmers of good news in the market. Other times, the positive headline contrasts so dramatically with [read more]
Foreclosed homes that are advertised as "bargains" are not always good deals, especially when there are extensive repairs that need to be performed before the [read more]
What do you do with a distressed commercial mortgage or asset? What crucial due diligence steps might even the most savvy professional miss? This week, [read more]
Consequences of the credit crisis are hitting the multifamily market in spite of its strength compared to the other commercial property sectors. Caught between reduced [read more]
June is National Homeownership Month, but after this past week, whatever committee it is that's tasked with making such pronouncements may want to consider renaming [read more]
It's a perfect time to think about the fundamental restructuring of the world famous (and now broke) government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.Last [read more]
A long-standing roadblock for servicers wanting to use short sales has been the labor-intensive processes involved. National Quick Sale CEO Rich Rollins, who sits on [read more]
I recently had a conversation with Ed Nelson, the marketing and communications manager for the Minnesota Home Owner Center (MNHOC), and I was intrigued to [read more]
In his first opportunity to sell Congress on the Obama administration's plan for overhauling the financial regulation system, Treasury Secretary Tim Geithner testified before the [read more]
The Federal Housing Finance Agency (FHFA) has authorized Fannie Mae and Freddie Mac to expand the Home Affordable Refinance Program (HARP) to homeowners who are [read more]
CWCapital, a national lender to the multifamily and healthcare real estate industries, is expanding its national multifamily lending platform via the acquisition of the origination [read more]
Stewart Title Co., a wholly owned subsidiary of Stewart Information Services Corp., has released the new HUD-1 in its AIM title and escrow production system. [read more]
Fitch Ratings has affirmed Walter Mortgage Co.’s (WMCo) U.S. residential primary servicer rating for subprime product at RPS3-. The rating action reflects WMCo's seasoned management [read more]
The Obama administration has sent to Capitol Hill legislation that defines the scope of the president's proposed Consumer Financial Protection Agency. Democratic lawmakers are expected [read more]
Freddie Mac has reportedly landed on a successor for interim CEO John Koskinen, who took over the role when David Moffett unexpectedly resigned in March. [read more]
The Bank of New York Mellon has been selected by Freddie Mac to serve as its designated custodian for documents related to its single-family mortgage [read more]
Louisville, Ky., Mayor Jerry Abramson and Rep. John Yarmuth, D-Ky., together with Jefferson County Circuit Court judges, have launched the Foreclosure Conciliation Project, a program [read more]
Colony Capital LLC has formed a new wholly owned real estate finance subsidiary called Colony Financial, which will acquire, originate and manage a diversified portfolio [read more]
Residential Mortgage
