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This section includes loads of information on the loan process. Learn about home purchasing, loan refinancing, payments, your budget, compliance, and more!
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Record lows have become routine for the Monthly Treasury Average, and last month was no exception. But the underlying yield has started creeping higher.....An analysis of Federal Reserve data indicates that the MTA was down 1 basis point between December and January.....But the yield on the one-year Treasury, which is used to determine ...Read More
The rate of delinquency on securitized commercial real estate loans was lower last month, and a big drop in late payments on loans secured by apartment buildings and hotels was responsible for the improved performance.....CRE loans at least 30 days past due as of Jan. 31 that were included in commercial mortgage-backed securities accounted fo...Read More
For three consecutive years now, Wells Fargo & Co. has been ranked as the biggest servicer of commercial real estate loans. Its dominance in the sector was made possible through an acquisition more than three years ago. The ranking was released from an annual commercial mortgage convention.....The San Francisco-based company landed the to...Read More
A forecast issued Monday by commercial mortgage bankers indicated that commercial real estate loan production jumped 64 percent between 2010 and 2011.....During 2012, CRE originations are expected to increase 17 percent from last year.....In fact, commercial mortgage production is projected to increase again in 2013, 2014 and 2015......Read More
Reverse Mortgage Network was opened for business in October 2011. The company staffed up by recruiting reverse mortgage originators from Wells Fargo Home Mortgage, which had previously announced plans to exit reverse mortgage lending.....Now Reverse Mortgage Network has recruited the founder of a company that has previously claimed to be the ...Read More
