mortgage lending

Blackstone President and COO Jonathan Gray and Stearns Lending CEO David Schneider (Credit: Getty Images)

Blackstone-backed mortgage lender Stearns files for bankruptcy

Stearns Holdings, the parent company of residential mortgage lender Stearns Lending, filed for Chapter 11 protection Tuesday morning after...

Blackstone-backed mortgage lender Stearns files for bankruptcy
Fannie Mae CEO Hugh R. Frater, and Freddie Mac CEO Donald H. Layton

Fannie Mae and Freddie Mac financing riskier mortgages to indebted homeowners

Amid a nationwide housing slowdown, Fannie Mae and Freddie Mac have increasingly backed more home mortgages to Americans steeped...

Fannie Mae and Freddie Mac financing riskier mortgages to indebted homeowners
BHS Miami partners with FM Capital and FM Home Loans

BHS Miami partners with FM Capital and FM Home Loans

Brown Harris Stevens Miami is forming an alliance with commercial and residential lenders. BHS Miami is partnering with Hollywood-based...

BHS Miami partners with FM Capital and FM Home Loans
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Lenders made more $1M mortgages in PB County last year

A survey by a law firm shows that residential mortgage loans and commercial mortgage loans of $1 million or...

Lenders made more $1M mortgages in PB County last year
Redfin plans to start lending business

Redfin plans to start lending business

The online discount real estate startup Redfin wants to get into the lending business. The property broker is planning to offer buyers using its services mortgages on their homes, with the aim of easing...

Redfin plans to start lending business
BankUnited exits residential mortgage lending

BankUnited exits residential mortgage lending

BankUnited, the largest bank based in South Florida, stopped making residential mortgage loans to consumers and laid off some...

BankUnited exits residential mortgage lending
Non-bank lenders take big share of mortgage market

Non-bank lenders take big share of mortgage market

Banks are losing market share in the home-loan business to non-bank mortgage companies unaffiliated with a depository institution. A bullish...

Non-bank lenders take big share of mortgage market
Common snafus undo mortgage loan applications

Common snafus undo mortgage loan applications

From the moment a home-purchase offer is accepted until the buyer closes a mortgage loan to finance the purchase,...

Common snafus undo mortgage loan applications
Blackstone to give first home loan in Miami

Blackstone to give first home loan in Miami

Stephen Schwarzman’s Blackstone Group is set to write its first residential mortgage in Miami this week through a new unit called B2R Finance. Already the largest single-family residential landlord in the nation, Blackstone is...

Blackstone to give first home loan in Miami
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U.S. mortgage lending, sliding 5 percent, fell to 16-year low in 2011

Mortgage lending in the United States fell to a 16-year low in 2011, amid a struggling recovery and slowing...

U.S. mortgage lending, sliding 5 percent, fell to 16-year low in 2011
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