Is Shift Away From Big Bank Mortgage Lending Good For Consumers?
NEW YORK ( MainStreet ) — Big banks are inching away from mortgage lending, increasingly replaced by non-banking lenders.
Hunt Mortgage Group Refinances a Multifamily Property Located in Fremont, California
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $17 million Fannie Mae loan facility to refinance a multifamily property located in Fremont, California.
Fitch Publishes New Issue Report on Citigroup mortgage loan Trust 2014-J2
Fitch Ratings has published a new issue report on Citigroup mortgage loan Trust 2014-J2. The report, titled Citigroup mortgage loan Trust 2014-J2, is available on the Fitch web sit
First-home buyers spend nearly half pay on mortgage
Mortgage payments for Auckland's most affordable homes are costing first-time buyers nearly half their take-home pay each week, a new report shows.The AMP360 Home Loan Affordability report, released yesterday, identified young couples,…
Prudential Mortgage Capital Company provides $110 Million Loan for Washington, D.C. Apartment Community
Prudential Mortgage Capital Company today announced it provided a $110 million Fannie Mae loan to a real estate investment manager to acquire Residences on the Avenue, a 335 unit apartment community in the Foggy Bottom neighborhood of Washington, D.C.
Hunt Mortgage Group Refinances a Multifamily Property Located in Rochester, New York
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $2.0 million Fannie Mae loan facility to refinance 150 Park Avenue and Mount Hope Manor Apartments.
Hunt Mortgage Group Refinances a Multifamily Property Located in Pontoon Beach, Illinois
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $6.3 million Fannie Mae loan facility to refinance a multifamily property located in Pontoon Beach, Illinois….
Ocwen to sell servicing rights on $45 bln of Fannie Mae loans
Mortgage servicer Ocwen Financial Corp said it would sell residential mortgage servicing rights on $45 billion of Fannie Mae loans to an undisclosed buyer, sending its shares up 5.5 percent in extended trading. The announcement comes a week after Ocwen said it would sell servicing rights on $9.8 billion of loans backed by Freddie Mac to Nationstar Mortgage Holdings Inc, as part of a strategy to …
Don’t Pay Off Your Mortgage… Invest In Shares Instead!
Buying shares is a better investment than paying off your mortgage. Here's why.
Collingwood Group Mortgage Outlook Report: Fannie Mae, Freddie Mac Overhaul Needed, But Won't Happen Now
WASHINGTON DC — via PRWEB – Can't live with them, can't live without them. That sums up the sentiment of leading mortgage and housing industry professionals when it comes to Fannie Mae and Freddie Mac, …