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...
The darlings of 2014, the single-family housing investment and rental businesses, didn’t dominate like last year, but they still had a strong showing. After snagging four of the top five spots on the 2014 HW Fast50, two SFRs placed in the top five in 2015 and three made the top 50..
Bank loyalty is not a factor for borrowers in shopping for a mortgage loan. Borrowers tend to select a mortgage originator based on product, price and their expectation for a convenient transaction process. Read More