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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Short Takes: So, Why Does the White House Want to Kill the GSEs? / Politicians Continue to Bash Fannie and Freddie / BofA Cuts Servicing Jobs in Pittsburgh / Wholesale Lending Makes a Comeback / Impac Comes on Strong

August 7, 2013
Paul Muolo
Who says that wholesale lending through loan brokers is dead? Carrington Mortgage and other firms are expanding in the sector.
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Freddie Mac Has Worst MBS Issuance Month of the Year

August 6, 2013
Paul Muolo
Though the end of July, Freddie has issued roughly $302 billion of single-family MBS compared to $500 billion for Fannie.
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Mortgage Broker Group Calls for QM to be Re-Proposed

August 6, 2013
Thomas Ressler
The NAIHP is concerned that "responsible consumers" may have been "intentionally" knocked out of the QM box.”
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Originations Booming at Nationstar, MSRs Will Top $435 Billion

August 6, 2013
Brandon Ivey
Portfolio recapture, wholesale, and builder channels accounted for almost 79 percent of its fundings in 2Q.
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Obama Hints at Corker-Warner Support, Pushes for HARP 3.0

August 6, 2013
Paul Muolo
The White House believes that the current housing finance system, where the government guarantees more than 80 percent of all mortgages through Fannie Mae, Freddie Mac and FHA, is unsustainable.
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Short Takes: Is CashCall Off the Auction Block? / HSBC Could Take a Huge Hit on MBS Settlement / FHFA CSP Job Pays $450,000 / LenderLive Gets Ginnie Approvals / Eminent Domain Advances

August 6, 2013
George Brooks and Paul Muolo
Is refi specialist CashCall still on the auction block?
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Commercial MBS Issuance Slowed in 2Q, But Ahead of Last Year’s Pace

August 5, 2013
John Bancroft
Most of the apartment loans being securitized go through Fannie Mae and Freddie Mac programs.
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HUD to Implement New HECM Guidelines by October

August 5, 2013
George Brooks
The guidelines follow the Senate’s passage last week of the Reverse Mortgage Stabilization Act of 2013.
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Mortgage Brokers Continue to Hire, But Barely

August 5, 2013
Paul Muolo
Mortgage brokerage firms added new workers in June but at a very slow pace, a sign that the origination market is slowing.
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Short Takes: Ocwen Increases its Deal Pipeline to $400 Billion / Another Large Wholesaler to Exit? / But Integrity First Wants to Grow Wholesale / Ally Calls it Quits on Mortgage Banking / NAR Hates the PATH

August 5, 2013
Paul Muolo
Ocwen is looking at $400 billion of MSR deals, at least. Meanwhile, a lager wholesale may exit, and no, it's not EverBank.
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