News

April 4, 2013 05:53 AM
Best cities for buying single-family rentals

Buying a single-family property and renting it out can certainly be profitable, but monthly yield is largely determined by local home prices and market dynamics.

To steer investors in the right direction, RealtyTrac just released its list of the top 20 single-family rental markets.

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April 3, 2013 04:39 PM
Springleaf gears up for first RMBS deal of the year

Loan provider Springleaf Financial is adding fuel to the private-label residential mortgage-backed securitization market by embarking on its first deal of the year.

The platform, Springleaf Mortgage Loan Trust 2013-1, expects the deal's total unpaid principal balance to...

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April 3, 2013 04:27 PM
Springleaf gears up for first RMBS deal of the year

Loan provider Springleaf Financial is adding fuel to the private-label residential mortgage-backed securitization market by embarking on its first deal of the year.

The platform, Springleaf Mortgage Loan Trust 2013-1, expects the deal's total unpaid principal balance to...

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April 3, 2013 03:08 PM
Coldwell Banker expands in Florida, acquires two companies

Coldwell Banker Real Estate announced it has acquired the assets of two Florida companies, allowing the firm to expand its reach in the market.

The two companies are Pruitt Real Estate, which has approximately 70 sales...

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April 3, 2013 02:44 PM
A large slice of Big Apple properties remain distressed

Foreclosures are still a dominant force in New York with filings increasing 53% annually in the tail end of 2012, partly due to market disruptions from Superstorm Sandy.

However, foreclosure filings fell significantly from the same time period in 2011, when various boroughs including the...

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April 3, 2013 11:20 AM
A large slice of Big Apple properties remain distressed

Foreclosures are still a dominant force in New York with filings increasing 53% annually in the tail end of 2012, partly due to market disruptions from Superstorm Sandy.

However, foreclosure filings fell significantly from the same time period in 2011, when various boroughs including the...

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April 3, 2013 12:15 PM
Soaring CMBS issuance feeds off market momentum

The demand for higher rates on new commercial mortgage-backed securities deals has soared, leading investors to spend more on insuring against losses on commercial properties.

While CMBS issuance has jumped to its best level since the housing crisis, an industry index launched in January...

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April 3, 2013 10:49 AM
Soaring CMBS issuance feeds off market momentum

The demand for higher rates on new commercial mortgage-backed securities deals has soared, leading investors to spend more on insuring against losses on commercial properties.

While CMBS issuance has jumped to its best level since the housing crisis, an industry index launched in January...

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April 3, 2013 10:56 AM
Mortgage firms turn attention to worst performing loans

The housing recovery is providing confidence to mortgage firms to finally close the chapter on the most troubled loans. 

According to research from Barclays...

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April 3, 2013 10:40 AM
Mortgage firms turn attention to worst performing loans

The housing recovery is providing confidence to mortgage firms to finally close the chapter on the most troubled loans. 

According to research from Barclays...

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April 3, 2013 11:10 AM
BOK Financial gears correspondent lending toward smaller banks

BOK Financial’s correspondent lending division created a unique product to cater specifically to small banks and credit unions.

Ben Cowen, president of BOK Financial Mortgage said, "The company saw purchasing residential mortgages from community banks and credit...

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April 3, 2013 10:07 AM
BOK Financial gears correspondent lending toward smaller banks

BOK Financial’s correspondent lending division created a unique product to cater specifically to small banks and credit unions.

Ben Cowen, president of BOK Financial Mortgage said, "The company saw purchasing residential mortgages from community banks and credit...

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April 3, 2013 09:58 AM
Builder, land bank partner to revive Cleveland

The housing crisis left Ohio's Cuyahoga County with numerous vacant and distressed properties, but a builder is now working alongside the region's land bank to revive the area.

The Cuyahoga Land Bank recently partnered with the St. Clair...

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April 3, 2013 09:38 AM
Builder, land bank partner to revive Cleveland

The housing crisis left Ohio's Cuyahoga County with numerous vacant and distressed properties, but a builder is now working alongside the region's land bank to revive the area.

The Cuyahoga Land Bank recently partnered with the St. Clair...

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April 3, 2013 09:23 AM
Servicing transfers improve RMBS portfolio performance

The mass transfer of loans to new servicers is apparently working to the benefit of residential mortgage-backed securities, with new servicers improving overall loan performance within pools, a research report from Opera Solutions suggested this week.

The data analytics...

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