Commercial and multifamily originations lowest since 2004, originations for CMBS show biggest drop

Jun 02, 2008

NAMB President-Elect Marc Savitt testifies before House Small Business CommitteeMortgagePress.comNAMB, Marc Savitt, House Small Business Committee, RESPA rule On Thursday, May 22, NAMB President-Elect Marc Savitt, CRMS testified before the House Small Business Committee regarding the implications of the proposed RESPA Rule. Savitt focused on the regulatory process HUD used in promulgating their Proposed Rule and the impact on small business mortgage brokers. For a copy of NAMB's testimony, click here.

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Jun 02, 2008

Analysis and Data

Buyers Catch A Break As Inventory Climbs And Competition Fades

Sales rose 3.5% in May as inventory hit a post-2020 high of 1.3 million listings, with sellers cutting prices on a record 26% of homes

Home shoppers got some welcome breathing room in May as home sales ticked up and competition eased, according to Zillow’s latest market report. A combination of slightly lower mortgage rates, a surge in inventory, and record price cuts contributed to the modest rebound in ...

People On The Move

Ed Ainbinder Joins Gradient Mortgage Capital As SVP Of Sales

With a background in small balance commercial and investor residential lending, Ainbinder will lead sales strategy as Gradient accelerates growth

Gradient Mortgage Capital has announced the addition of Ed Ainbinder as Senior Vice President of Sales, reinforcing the company’s commitment to growth in the Small Balance Commercial and Investor Residential lending space. Ainbinder brings with him a proven history of bui...