General Electric Capital Real Estate is exiting a significant portion of its commercial real estate platform, as Blackstone and Wells Fargo announced they are purchasing a total of $23 billion in assets.
Standard & Poor's eased its rating standards for bonds tied to home loans in an effort to drive business in the summer of 2012, the DealBook claims. While business has grown since then, the ratings giant is now facing criticism over its less stringent criteria.
Capital One agreed to acquire Beech Street Capital, an originator and servicer of Fannie Mae, Freddie Mac and FHA multifamily commercial real estate loans. Beech Street was founded in 2009 and originated approximately $4 billion in loans in 2012.
Multifamily mortgage originations helped commercial/multifamily origination volumes grow 25% in the second quarter from the year-ago period, according to the Mortgage Bankers Association’s quarterly survey. It...
These 40 winners have developed groundbreaking new software, re-engineered entire systems and launched their own startups. They have seen dramatic growth in sales, in market share and in influence. Whether they started with a company right out of high school or were brought in for a specialty solution, their contributions have been outsized..
What does it take to innovate and adapt to the boom and bust cycles of our economy over many decades? How have some companies managed to excel for so long? We decided to explore the secret to longevity by interviewing executives at Forsythe Appraisals, MGIC, United Guaranty and TD Service, which have all been in business for 50 years or more. Read More
The industry has already spent an enormous amount of time understanding the new requirements. Because the rule was finalized late (in November 2013) and required a long lead time to clarify and understand it, technology firms have had a significantly shorter timeframe to develop and test software. Read More