Famed science fiction author William Gibson is known for saying, “The future is already here — it's just not very evenly distributed.” Gibson obviously wasn’t talking about the mortgage industry, but he easily could have been.

Bandon Capital Advisors, Los Angeles, arranged $11.5 million to refinance an industrial site in Costa Mesa, Calif., and secured $5 million for two industrial assets in Burbank and Pico Rivera, Calif.

Not all loan programs are faced with the profitability challenges of traditional mortgages, one of these being construction-to-permanent loans. In this webinar, panelists will discuss the revenue metrics of single-close construction lending and understand why the net ROI could easily be 3-4 times more than a standard mortgage loan.

Annual U.S. single-family home price growth slowed for the twelfth straight month in May, falling to 1.4% increase year over year, reported CoreLogic, Irvine, Calif.

Black Knight, Jacksonville, Fla., found in its Mortgage Monitor Report that its seasonally adjusted Home Price Index hit a new high in May, with the price decreases over the past year having fully reversed.

People in the news from First American, ATTOM and Maryland Bankers Association.