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Home » Topics » Inside Mortgage Finance » Originations

Originations
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GSE Seller Buybacks Hit Record Low, Uptick in Unresolved Claims

December 26, 2018
John Bancroft
Buybacks by GSE seller/servicers set a new quarterly low…
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Mortgage Industry Assesses Pain from Government Shutdown, HECM Endorsements End, New Flood Policies Doubtful

December 26, 2018
Paul Muolo
Brian Chappelle, a principal in Potomac Partners told IMFnews that his lending clients “are starting to worry.”
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Dems Select Rep. Waters as the First Woman Chair of the HFSC, Mulvaney Put on Notice

December 26, 2018
Dennis Hollier
Rep. Waters to Mick Mulvaney: “I am writing to inform you that while your time running the Consumer Bureau may be over, the time for accountability for your actions is about to begin.”
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Short Takes: Trouble Ahead for FHA? / Steve Mnuchin’s Christmas Eve Massacre / Significant Players in the Mortgage Market / Who Knows / Who Put the Thought in the Treasury Secretary’s Head? / Craig Phillips Rising? / A New Hire for StoneHill

December 26, 2018
Paul Muolo
Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…
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Varde Ponders Selling Nonprime Unit Deephaven Mortgage

December 26, 2018
Paul Muolo
Matt Nichols, a former Goldman Sachs executive, launched Deephaven earlier in the decade as a correspondent buyer of non-QM loans.
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Rising Rates May Limit Access to GSE Loans for High-DTI Applicants

December 21, 2018
Even a relatively modest increase in interest rates is likely to have a disproportionate impact on the ability of high debt-to-income households to qualify for GSE loans, according to a recent report by Wells Fargo Securities Structured Products Research.
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ARM Share Drops in the Third Quarter

December 21, 2018
Brandon Ivey
The ARM share typically goes up when interest rates rise, but not this time around…
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Have Yourself a Merry Little … Okay Maybe Not in 2019. Lenders Feeling Anxious These Days

December 21, 2018
Brandon Ivey
The profit margin outlook has declined for nine consecutive quarters…
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Securitization Rates Nudge Higher in 3Q18 as Issuance Catches Up with Primary Market

December 21, 2018
John Bancroft
The securitization rate increased to 71.6 percent in 3Q18 compared to 65.0 percent in the previous period…
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Not Going Anywhere: HUD Secretary Ben Carson

December 21, 2018
Paul Muolo
Meanwhile, acting Ginnie Mae President Michael Bright still awaits Senate confirmation, even though he was officially nominated to the post by President Trump on May 15.
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