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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Retail Channel Continues to Lose Market Share as Correspondent Surges

January 14, 2019
John Bancroft
Wholesale-broker activity saw roughly the same rate of decline as the retail channel did...
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Redwood Set to End Lull in Prime Non-Agency MBS

January 14, 2019
Brandon Ivey
The Redwood transaction is set to close Jan. 17…
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Citigroup Sees Retail Residential Production Drop by Almost 15 Percent

January 14, 2019
Paul Muolo
Compared to the same period a year earlier, retail loan production fell by 23.3 percent at Citigroup...
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Short Takes: Shutdown Having Minimal Impact on Mortgages? / Housing Market Slowing / AMC Acquires Meridian Asset Services / Broker Startup Launches

January 14, 2019
Brandon Ivey
The IRS resumed providing income verification services a week ago and the agency expected to catch up on volume...
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CFPB Report Raises Questions about Non-QMs, DTIs, Servicing and More

January 11, 2019
Brandon Ivey and Yemeng Yang
The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…
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Non-Agency MBS Issuance Faded in Fourth Quarter

January 11, 2019
John Bancroft
The ECM sector was one of the few that recorded MBS production gains during the fourth quarter…
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Lenders Not Liable for a Servicer’s RESPA Violation

January 11, 2019
Brandon Ivey
Under RESPA, servicers are generally required to consider borrowers for loss mitigation if the servicer receives a loss mitigation application at least 37 days before a scheduled foreclosure sale.
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What Michael Bright’s Resignation Might Mean for GSE Reform

January 11, 2019
Paul Muolo
The odds of GSE “recap and release” becoming a reality just went down…
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What We're Hearing: The Otting Era Commences / Waiting on the Senate (It Didn’t Work for Michael Bright) / 11 Days In and All Shook Up / HFSC Chair Worries about Furloughed Workers and Delinquencies / Keep an Eye on Jan. 15 / The Milken Institute Weighs i

January 11, 2019
Paul Muolo
We’re just 11 days into the new year and already things are getting interesting in the mortgage industry...
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TPO Production Channels Grew in Agency Market

January 11, 2019
Retail mortgage lending continued to lose market share in the second half of 2018, mostly due to a surge in correspondent production. A new Inside Mortgage Trends analysis of mortgage-backed securities data shows that the retail share of loans sold to Fannie Mae, Freddie Mac and Ginnie Mae fell to 48.6 percent last year. During the fourth quarter, sales of retail-originated loans declined by 14.9 percent, the sharpest downturn among ... [Includes two data charts]
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