Mortgage on U.S. retail centers secures $380.6 million CMBS

By: ameer@trustedteam.com

Notable concerns for the DTP Commercial Mortgage Trust 2023-STE2 transaction include AMC tenant exposure within the top three properties in the portfolio.Ian Dewar/IanDewarPhotography - stock.adobe.com Commercial mortgage pass-through...

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Stratton Mortgage Funding raises £1.06 billion ($1.36 billion) in RMBS

By: ameer@trustedteam.com

Adobe Stock Stratton Mortgage Funding 2024-1 PLC is issuing loan notes to refinance Stratton Mortgage Funding 2021-2 PLC, which closed in February 2021.The transaction is a securitization of...

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What To Ask A Lender When Shopping For A Mortgage in 2024

By: ameer@trustedteam.com

December 27, 2023 First time home buyers often have plenty of questions to ask a lender. Below we examine some of the key issues to consider when you compare financial...

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What should be on a loan officer’s to-do list going into 2024

By: ameer@trustedteam.com

'Tis the season to work a little harder. While many professionals are taking a break and spending time with family and friends during the holidays, industry stakeholders urge loan...

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How loan originators survived a cutthroat mortgage business in 2023

By: ameer@trustedteam.com

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate’s managing director and a top-producing loan officer.  “This...

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J.P. Morgan Mortgage Trust issues $257.8 million RMBS for second lien HELOCs

By: ameer@trustedteam.com

Interest on a fixed pool of prime HELOCs is the collateral for pass-through certificates issued by J.P. Morgan Mortgage Trust 2023-HE3 (JPMMT Trust 2023-HE3). United Wholesale Mortgage and loanDepot.com are...

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Basel III endgame: 5 things to watch in 2024

By: ameer@trustedteam.com

Michael Barr, vice chair for supervision at the Federal Reserve, left, shakes hands with Martin Gruenberg, chair of the Federal Deposit Insurance Corporation at a Senate Banking hearing in...

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Home prices extend records, rising for a ninth straight month

By: ameer@trustedteam.com

Home prices in the U.S. rose for a ninth straight month, reaching a fresh record as buyers battled for a stubbornly tight supply of listings.A national gauge of prices...

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Home price growth slows but should keep rising in 2024

By: ameer@trustedteam.com

The Federal Housing Finance Agency's Home Price Index increased in October from September, but at a more modest pace than what the S&P CoreLogic Case-Shiller data showed.This data also...

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Hackers obtained Social Security numbers in Fidelity cyberattack

By: ameer@trustedteam.com

Following a pre-Thanksgiving cyberattack at parent company Fidelity National, mortgage subservicer Loancare disclosed the degree of data compromise that has occurred from the incident thus far.In a filing with...

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