Commercial

LRES has announced that Paul Bush has been promoted to its vice president of technology
LRES has announced that Paul Bush has been promoted to its vice president of technology. In this role, Bush will strategize the future direction of LRES’ proprietary technology, as well as implement and maintain its current systems. He is also responsible for driving growth by delivering secure... Keep Reading....
Nationstar Mortgage Holdings Inc., a residential mortgage loan servicer, has announced the pricing of the initial public offering (IPO) of 16,666,667 shares of its common stock at $14 per share. The shares will began trading March 8, 2012 on the New York Stock Exchange (NYSE) under the ticker... more
The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB), showed steady improvement in the apartment and condominium housing market for a sixth consecutive quarter. The MPI, which measures builder and... more
The first quarter of this year recorded low delinquency rates for commercial and multifamily mortgages, according to new data from the Mortgage Bankers Association (MBA)
Ten percent, or $150.6 billion, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2012, a three percent decline from the $154.7 billion that matured in 2011, and an 18 percent decline from 2010 according to the Mortgage Bankers Association's (MBA) 2011... more
Commercial/multifamily originations during the fourth quarter of 2011 were up 13 percent over the fourth quarter of 2010, but fell seven percent from the third quarter of 2011, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers... more