September 3, 2010
- BDO Seidman has brought on Richard Hauer, a commercial property workout professional, to assist the New York consulting firm's bankruptcy and restructuring professionals on ...
- Mortgage companies added 2,300 full-time employees to their payrolls in July as refinancing applications swelled, compensating for a weak purchase money business.
- BlackRock Inc. was hired by state insurance regulators to assess the industry's potential losses from holding commercial mortgage-backed securities.
- Delinquencies for U.S. bonds backed by mortgages on office buildings, shopping centers and other commercial property set a new high in the second quarter, according to the MBA.
- The federal regulator of Fannie Mae and Freddie Mac issued rules Thursday that will bar the mortgage finance giants from receiving credit to meet mandates to support housing goals ...
- The number of contracts to purchase previously owned U.S. homes unexpectedly rose in July, a sign the market may be starting to stabilize after the expiration of the homebuyer ...
September 2, 2010
- Fixed-rate mortgages as well as the five-year adjustable-rate loan tracked by Freddie Mac continue to reach record lows.
- David Frase, executive vice president in charge of warehouse lending at the thrift Southwest Securities has left the company, industry officials confirmed.