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...
There is one distinct moment in recent memory when everything was going to be just fine. On an early morning, back in April 2013, the smallest of miracles happened on the economic front. This singular event would lead to calls that the developed world’s ability to do business, with all of its multitudinous complexities, was on the road to a recovery, maybe this time, finally, forever..
With this year's 15 for 15, we're profiling 15 companies who are well positioned to take on the challenges of 2015. The companies occupy different roles within the housing finance space — from lenders to servicers to technology providers — but they all share a vision for an outsized impact in the year ahead. Read More
Regulation and compliance — these words have been at the forefront of the mortgage industry in the past year or so. As we prepare to enter 2015, focusing on compliance and new and constantly changing regulations will remain the industry’s focus. Read More