Originations

Inland Mortgage Capital LLC has appointed Marcus Perry Senior Vice President of Loan Origination for the Eastern Region
Inland Mortgage Capital LLC has appointed Marcus Perry Senior Vice President of Loan Origination for the Eastern Region. Perry will be responsible for all facets of Inland Mortgage Capital’s commercial real estate bridge loan origination for the eastern United States.   Perry has more than 25 years... Keep Reading....
Mortgage applications decreased 5.9 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 17, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.9 percent on a... more
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), which shows mortgage rates mixed but holding steady for the second week with the 30-year fixed-rate mortgage (FRM) matching last week's 4.50 percent average, with an average 0.8 point for the week ending June 23,... more
Independent mortgage banks and subsidiaries made an average profit of $346 on each loan they originated in the first quarter of 2011, down from $1,082 per loan in the fourth quarter of 2010, according to the Mortgage Bankers Association's (MBA) First Quarter 2011 Mortgage Bankers Performance Report... more
U.S. Senators Johnny Isakson (R-GA), Kay Hagan (D-NC) and Mary Landrieu (D-LA), Reps. John Campbell (R-CA) and Brad Sherman (D-CA), along with the Coalition for Sensible Housing Policy have hosted a news conference calling on federal regulators to revise their proposed 20 percent downpayment... more