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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Mortgage Lenders Pessimistic Heading into 2019, Faced with Overcapacity and Weak Demand

December 20, 2018
Lenders are pessimistic about the outlook on profit margins and demand for purchase mortgages and refinances, according to a survey of 212 lenders by Fannie Mae.
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FHA, VA Loan Limits in 2019

December 20, 2018
The FHA and the Department of Veterans Affairs last week announced new loan limits for 2019.
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Nonbanks Build Production Market Share in 3Q18 as Top Tier of Lenders Gains Strength

December 20, 2018
Nonbank mortgage lenders continued to gain market strength in first-lien originations during the third quarter of 2018, according to an Inside Mortgage Finance ranking and analysis. [Includes two data charts.]
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Ditech Decides Not to Make Scheduled Debt Payment. Meaning?

December 19, 2018
Paul Muolo
Ditech's shares now trade for just six cents apiece...
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PRMI President and CEO Dave Zitting to Depart After Selling His Stake in the Lender

December 19, 2018
Paul Muolo
Founded 20 years ago, PRMI is a retail-only lender that funded $3.7 billion through the first nine months of 2018…
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FHA Drops Warranty Requirements for New Single-Family Construction

December 19, 2018
George Brooks
FHA says positive trends in the housing sector have weakened the need for the multi-year warranty.
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Short Takes: Do GSE Servicers Need to Worry About Liquidity? / MF Cap Set at $35 Billion / New American Buys Minnesota Lender / Humble Beginnings / Kraninger Will Keep the CFPB Name / BoNY Mellon to Enter Non-Agency Market as Master Servicer

December 19, 2018
Brandon Ivey and Paul Muolo
Liquidity means access to cash – and is a chief concern of Ginnie Mae acting president Michael Bright as well…
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Quicken Launches Jumbo Product Allowing Qualification Based on Assets Instead of Income

December 18, 2018
Brandon Ivey
According to Quicken, the loan could work well for retirees...
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ARM Share Drops in the Third Quarter

December 18, 2018
Brandon Ivey
The ARM share typically goes up when interest rates rise, but not this time around…
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Speculation Centers on Clinton Jones for FHA Commissioner

December 18, 2018
Paul Muolo
Clinton Jones has worked for the HFSC since February 2013. From 2007 to 2008 he was a registered lobbyist for Fannie Mae.
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