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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Optimism on Rate Decline Snuffed Out by Shutdown

January 10, 2019
The steady decline in interest rates over the past four weeks had begun to spark a tinge of optimism among mortgage bankers that 2019 might turn out to be halfway decent after all. Then the government shutdown happened.
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Short Takes: Who Is Maren Kasper? / Not Shy / Headed to the White House? / GSE ‘Recap and Release’ Just Got Knee-Capped / IMA Offers Bulk MSR Package

January 10, 2019
Paul Muolo
With Michael Bright's departure, GSE "recap and release" just got hurt...
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Mortgage Collectives Boost Membership in 2018

January 10, 2019
Memberships in mortgage collectives increased in 2018, despite a tough operating environment, as the firms offered various benefits to lenders.
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Signs of Life in the MH Market: AZ Servicer of Manufactured Housing Loans Receives Rating, MBS Issuance Likely

January 9, 2019
Brandon Ivey
Cascade services $1.3 billion of product…
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FHA Tells Servicers to be Lenient Toward Furloughed Federal Workers and Contractors

January 9, 2019
Paul Muolo
The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...
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Angel Oak Expects Sustained Non-QM Growth in 2019

January 9, 2019
Brandon Ivey
The non-QM market is booming, said Angel Oak executive Tom Hutchens…
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Short Takes: UWM Removes LLPAs on Certain Loans / New Mortgage Applications Come Roaring Back / Tempering Optimism with a Government Shutdown / Seterus’ Leslie Peeler? / Complaints Registered

January 9, 2019
Paul Muolo
Four years ago, Leslie Peeler, the Fannie Mae senior vice president in charge of the GSE’s servicing decisions, left the mortgage giant for Seterus.
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Market Shocker: Ginnie Mae Interim President Michael Bright Quits

January 9, 2019
Paul Muolo
Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.
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The Final Ginnie Mae Issue Tally for 2018: $388 Billion

January 8, 2019
George Brooks
Feeding the decline was an 18.8 percent sequential drop in VA purchase loans…
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Morningstar Expects Looser Underwriting on Non-Agency Loans in 2019

January 8, 2019
Brandon Ivey
Morningstar expects the market share will increase for ARMs, interest-only loans and mortgages with higher loan-to-value ratios…
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Latest Imf News

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Featured Data

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